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What legislation was created in response to a 1937 incident in which an inadequately tested drug caused the deaths of 100 people?
Undifferentiated Products
Goods or services that are perceived as interchangeable with others in the market, lacking distinct features.
Competitive Forces
The external factors that affect a company's capability to compete in a market, including competitors, new entrants, substitute products, bargaining power of buyers, and suppliers.
Future Changes
Anticipated modifications or developments in a particular area or field over an upcoming period.
Standards of the Industry
Refers to the commonly accepted criteria, techniques, and practices that are used in a specific sector or industry.
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