Examlex
The enhancement of existing products is an external product development strategy.
Intellectual Inferiority
refers to the perception or belief that certain individuals or groups have lower cognitive abilities compared to others.
Step-variable
Costs that remain fixed over small ranges of production or activity levels but can change with larger shifts in activity.
Mixed
A category that includes a combination of various elements or types.
Variable
An element, feature, or factor that is liable to vary or change.
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