Examlex
Discuss what makes an MNC different from a regular enterprise.
Diffusion
The process by which an innovation or idea spreads within a population or social system over time.
First Movers
Companies that gain a competitive advantage by being the first to market with a new product or service, establishing brand recognition and customer loyalty.
Product Development
The process of bringing a new product to market, involving concept generation, design, development, and commercialization stages.
Maturity Stage
The phase in a product's lifecycle where growth stabilizes, and the product is established in the market.
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