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Due to Hypercompetition,a Firm Must Engage in Incremental Innovation to Remain

question 28

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Due to hypercompetition,a firm must engage in incremental innovation to remain competitive and gain advantage(s) .However,the duration of these advantages:


Definitions:

Currency

The system of money in general use in a particular country.

Dollar Rate

The exchange rate of the US dollar against other currencies, influencing international trade and economics.

Exchange

The process of trading one thing for another.

Net Exports

The value of a country's total exports minus its total imports, representing the contribution of trade to the national economy.

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