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Describe disintermediation and reintermediation as it relates to the travel industry.
Product Life Cycle
The stages that a product goes through from introduction to growth, maturity, and eventual decline as market conditions and consumer preferences evolve.
Demand Strategy
Approaches businesses use to increase demand for their products or services, often through marketing and innovation.
Unstable
Lacking consistency or regularity; prone to sudden change or unpredictability.
Supply Chain Strategy
The plan and execution of all processes involved in sourcing, procuring, converting, and all logistics management activities, aiming to maximize customer value and achieve a sustainable competitive advantage.
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