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Pure Digital Technologies created the Flip,a digital camera priced around $150.It filled a gap between expensive digital cameras and webcams.The Flip plugs straight into a computer,and the video can easily be viewed and shared instantly.Creating a new product for a new market is called _____.
Debtors
Individuals or companies that owe money to another party, often referred to in the context of accounts receivable.
Benefactors
Benefactors are individuals, organizations, or other entities that provide financial or other types of support to individuals, organizations, or causes.
Corporate Form
A business structure where the entity is distinct from its owners, providing limited liability protection, ease of transferring ownership, and potential for growth.
Legal Entities
Organizations that have legal rights and obligations, including the capacity to enter into contracts and own property, distinct from their members.
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