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A rise in the price of foreign inputs leads to a
New Products
Goods or services that have been recently introduced to the market, offering novel features or improvements over existing offerings.
R&D
Research and Development (R&D) denotes the activities related to the innovation and improvement of products and processes.
Resistance to Change
The reluctance or refusal to accept new policies, practices, or conditions, often seen in organizational contexts when transformations are initiated.
Ignorance
The lack of knowledge, information, or awareness about something.
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