Examlex
When might evaluation research be useful?
Imitation
The act of copying or mimicking the strategies, products, or processes of individuals or enterprises, often seen as a way to gain a competitive advantage or innovate.
Fast-Second Strategy
A business approach where companies wait to see which innovations prove viable and then quickly follow with improvements and cost reductions.
Collusion
A situation in which firms act together and in agreement (collude) to fix prices, divide a market, or otherwise restrict competition.
Process Innovation
The implementation of a new or significantly improved production or delivery method, enhancing efficiency or quality in operations.
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