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Competitive Considerations
Factors that businesses assess to understand their industry position and outline strategies against competitors.
Product Launch
The introduction of a new product into the market, involving activities designed to generate awareness and sales.
Product Life Cycle
A concept that describes the stages a product goes through from introduction to growth, maturity, and decline in the market.
Competitors
Businesses or individuals that offer similar products or services within the same market, vying for the same clientele or market share.
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