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A predatory pricing strategy will have the greatest chance of success when the predatory price is set below the cost of the firm's competitors,new rivals are unlikely to enter after the strategy ends,and profits can be recouped in a relatively short period of time.
Traditional Sources
Established means of obtaining information or resources, often based on long-standing customs or practices.
Idea Generation
Idea generation is the creative process of generating new ideas through techniques like brainstorming, aiming to solve problems or identify opportunities for innovation.
New-product Development Process
A series of stages involved in designing, developing, testing, and launching a new product in the market.
Pool of Concepts
A collection or repository of ideas, terms, or notions that can be drawn from in discussions or creative processes.
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