Examlex
Aesthetics may improve how a product looks, but it does not contribute to the actual quality of the product.
Product Life Cycle
The stages a product goes through from its initial introduction into the market, through growth and maturity, and eventually into decline and discontinuation.
Marginal Competitors
Firms or entities that operate at the edge of a market with minimal impact on the leading competitors' market share.
Product Life Cycle
The stages through which a product goes from its introduction into the market (launch), growth in sales, maturity, and finally its decline.
Environmental Changes
Alterations in the surrounding conditions, including natural, social, economic, and political environments, that can impact individuals and organizations.
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