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George,the Marketing Manager of A&C Bicycles,realized That Its Current Market

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George,the marketing manager of A&C Bicycles,realized that its current market was mature,the life cycle far past the dynamic growth stage.Also,he had heard that its competitor,X&Y Bicycles was developing an innovative and exciting new bicycle.George thus proposed that A&C should also come up with a new and better product.Which type of opportunity is identified here?

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Definitions:

Albino Allele

A variant form of a gene that can lead to albinism, a condition characterized by the absence of melanin pigment in the skin, hair, and eyes.

Probability

A measure of the likelihood that a specific event will occur.

Incomplete Dominance

A genetic phenomenon where the phenotype of the heterozygote is intermediate between both homozygote parents.

Heterozygote

An individual possessing two different alleles of a particular gene, one inherited from each parent.

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