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Define technological imperative; apply the concept to an example from your own experience.
Short-term Performance
An evaluation of an entity's achievements or results over a brief period, typically focusing on metrics like quarterly earnings or monthly sales figures.
Long-term Performance
The extended period over which an entity or investment achieves its goals or demonstrates effectiveness, usually measured over years.
Firm
A business organization or enterprise, particularly one involving in professional or commercial activities.
Market Development Strategy
A business strategy that involves expanding the potential market through new users or new uses for a product.
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