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In the Kellogg's example given in your text,as a result of problem-solving research,Kellogg's found out that it was not being creative in introducing new products to meet the needs of the adult market.
Partnership Contract
A legally binding agreement between partners that outlines the terms of their business relationship.
Principal Characteristic
The most significant or defining feature of an object, concept, or entity.
Limited Liability
A legal structure that protects a company's owners or shareholders from being personally liable for the company’s debts or liabilities.
Limited Life
A term indicating that an entity or asset has a finite period of usefulness or existence.
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