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In network industries with increasing returns to scale where standards are unimportant, strategic alliances can be used to create a more favorable competitive environment.
Baby Boomers
Baby Boomers are individuals born during the post-World War II baby boom, approximately between 1946 and 1964, characterized by significant economic prosperity and social changes.
Rites of Passage
Ceremonial events or rituals that mark an individual's transition from one status to another within their society.
30 Year Span
A period of thirty years used as a measure of time to assess or discuss changes, developments, or events.
Age Stratification
The division or categorization of people into different age groups within a society, influencing their roles, rights, responsibilities, and social status.
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