Examlex
An informal communication system that arises spontaneously from the social interaction between people is referred to as grapevine communication.
Auto Rentals
A service industry that provides automobiles for temporary use to customers, typically charged by the hour or day.
Diffusion
The process by which an innovation is communicated through certain channels over time among the participants in a social system.
Fast-Second Strategy
A business approach where companies wait for others to innovate and then quickly follow with improvements and competitive positioning.
iPhone
The iPhone is a line of smartphones designed and marketed by Apple Inc., featuring a multi-touch screen, internet connectivity, and a wide array of applications, revolutionizing personal communication and media consumption.
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