Examlex
Phenotype represents the characteristics expressed by an individual.
Substitute Products
Products that serve as alternatives to one another in the market, satisfying similar needs or wants of consumers.
Immediate Rivals
Competitors that directly impact a business’s operations or market position, often operating in the same industry and targeting similar customer bases.
Value-Chain Analysis
A strategic analytical tool used for identifying the primary and support activities of a business that add value to its final product and then analyzing these activities to reduce costs or increase differentiation.
Location Decisions
The process of selecting a place for conducting business, considering factors like cost, access to suppliers, distribution channels, and customer interaction.
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