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Which of the following factors would Bryan have considered while analyzing the competitive environment?
Product Innovations
Innovations that result in new or improved goods or services.
Economic Conditions
The state of the economy at a given time, which includes factors like inflation, unemployment rates, and GDP growth.
Severe Recession
An intense period of economic decline characterized by significant reductions in GDP, high unemployment, and contracting business activities.
Economic Condition
The state of an economy at a given time, including factors such as growth rate, inflation, employment levels, and overall economic health.
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