Examlex
A product becomes differentiated by virtue of its brand image, symbolism, and personality cues.
Engineering
The application of scientific, mathematical, and empirical principles to design, develop, and improve structures, machines, and processes.
Scientific Relationships
The interactions or associations between variables or phenomena as understood through scientific research and experimentation.
Creative Destruction
The replacement of old products and production methods by innovative new ones that consumers judge to be superior. The process generates economic growth and higher living standards.
New Products
Goods or services that have been recently developed or introduced to the market.
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