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The Act of Putting a New Product on the Market

question 148

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The act of putting a new product on the market in order to make profits is called


Definitions:

Core Competencies

Essential capabilities or strengths that provide a business with an advantage over competitors.

Resource Dependence

A theory in organizational behavior that describes how external resources of organizations influence organization behaviors and attitudes.

Environmental Uncertainty

Refers to the extent of unpredictability or lack of information in an organization's external environment, affecting decision-making processes.

Strategic Alliance

A formal agreement between two or more entities to pursue a set of agreed-upon objectives while remaining independent organizations.

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