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HR Information Management System was originally for benefits and tracking vacation.
Accelerated Development
A strategy employed to speed up the process of product development and market introduction in order to leverage competitive advantages.
Retail Life Cycle
The progression of stages through which a retail business or product category goes, from introduction and growth to maturity and decline.
Obsolescence
The process by which a product, service, or technology becomes outdated or no longer useful due to advancements or changes in consumer preferences.
Market Share
A particular company or product's hold on a market segment, commonly quantified by its percentage of the market's total sales.
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