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Deming argued that to keep pace with changes in the workplace
Weak Economy
A state of an economy where there is slow economic growth, high unemployment rates, and generally poor economic performance.
Product Development
The creation and design of new products or improvements to existing products, from idea conceptualization to market launch.
Market Penetration
An indicator of how much a product or service has been sold or used, in relation to the overall potential market for it.
Positioning
The process of establishing a brand or product in the mind of consumers by differentiating it from competitors through marketing strategies.
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