Please Define the Following Key Terms

question 6

Short Answer

Please define the following key terms.
-cartels

---

Definitions:

Celebrity Cruises

A luxury cruise line known for its high-end ships, exotic destinations, and premium services.

Technologies

The application of scientific knowledge for practical purposes, especially in industry and in devices, processes, or methods.

Optimal Experiences

Essentially refers to situations or activities that provide the highest level or peak of satisfaction and engagement to an individual.

Threat of Substitutes

The pressure a company or product faces from alternative products or services that can perform similar functions, potentially reducing demand for the original.