In analyzing the pharmaceutical industry for a prospective business launch, Nicole Turco, a ph. D. In pharmacology, concluded that the industry was attractive because the threat of substitutes is Low
This is further explained below.
What is the pharmaceutical industry?Generally, The pharmaceutical industry is responsible for the research, development, production, and marketing of drugs or pharmaceutical drugs that are intended for use as medications to be administered to patients in the hope of curing patients, vaccinating patients, or reducing the severity of their symptoms.
In conclusion, Nicole Turco, who holds a doctorate in pharmacology, came to the conclusion that the pharmaceutical industry was appealing after conducting research on the sector in preparation for the launch of a potential business.
She came to this conclusion after finding that the industry faces a low level of competition from substitute products.
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at its core, marketing is based on people or organizations engaging in exchanges with others people or organizations.
At its core, marketing is based on people or organizations engaging in exchanges with others people or organizations is True.
The idea is that a company ought to try to meet the needs of consumers. This pastime is important due to the fact one of the middle aspects of marketing is to create costs for clients. advertising traditionally has been divided into a fixed of four interrelated choices called the advertising mix, or four ps product, rate, vicinity, and promotion.
Advertising and marketing's most important characteristic is to promote and facilitate change. thru advertising, individuals and groups attain what they need and want with the aid of exchanging services and products with different events. this sort of procedure can arise only whilst there are as a minimum two parties, every of whom has something to offer.no longer simplest do organizations attempt to divide their clients into measurable segments in line with their needs, behaviors, or demographics however additionally their goal to determine the profitability of each phase by way of analyzing its revenue and value impacts.
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What are four basic assumptions that underlie the financial accounting structure?
Financial accounting is predicated on four fundamental tenets: (1) economic entity; (2) fiscal term; (3) going concern; and (4) stable dollar. These presumptions are crucial because they serve as the foundation for financial accounting measurement. A business's financial transactions are summarized, analyzed, and reported in the area of accounting known as financial accounting.
Publicly accessible financial statements must be prepared in this. People interested in getting such information for decision-making include shareholders, suppliers, banks, employees, government agencies, business owners, and other stakeholders. International and national accounting standards both govern financial accounting. financial accounting that is used in every jurisdiction is known as generally accepted accounting principles (GAAP).
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many states determine the order of water rights according to which users of the water hold a recorded beneficial use permit. this allocation of water rights is determined by
Many states determine the order of water rights according to which users of the water hold a recorded beneficial use permit. this allocation of water rights is determined by the doctrine of prior appropriation.
According to which water users have a registered beneficial use permit, several states decide the order of water rights. The doctrine of prior appropriation governs this distribution of water rights. Several states determine the order of water rights based on the beneficial use permits that users of the water have registered.
This distribution of water rights is governed by the idea of prior appropriation. Several states rank water rights according to the registered beneficial use permits held by water users. The concept of prior appropriation controls how these water rights are distributed.
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Demand curves usually slope ______, and supply curves usually slope _______. a. vertically, horizontally b. horizontally, vertically c. downward, upward d. upward, downward
Demand curves usually slope downward, and supply curves usually slope upward.
What are Demand Curves?A demand curve in economics is a graph that shows the connection between the price of a given good and the amount that is desired at that cost. Levels can increase and can be applied to the price-quantity connection for either a specific consumer or for every consumer in a given market. The relationship between a product's price and the quantity that is required is shown graphically. The graph is built with the amount required on the horizontal plane and the price just on the vertical axis. A graph of the demand curve at each price is called a demand curve. Because it is a visual portrayal of the demand schedules, the demand curve is occasionally referred to as a demanding schedule.
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How many years will it take for an initial investment of $19,000 to grow to $35,300 if it is compounded daily at 12 pr?
It will take 7.15 years for an initial investment of $19,000 to grow to $35,300 if it is compounded daily at 12 pr.
Compounding is the process whereby interest is credited to an existing principal amount as well as to interest already paid. Compounding thus can be construed as interest on interest the effect of which is to magnify returns to interest over time, the so-called “miracle of compounding.
Initial investment = $19000
amount = $35300
rate of interest = 12%
time = (1÷0.12) (35300/ 19000) -1 = 7.15
= 7.15 years.
A 10% interest rate will double your investment in about 7 years (72 ∕ 10 = 7.2); an amount invested at a 12% interest rate will double in about 6 years (72 ∕ 12 = 6). Using the Rule of 72, you can easily determine how long it will take to double your money.
In reality, a 10% investment will take 7.3 years to double ((1.107.3 = 2). The Rule of 72 is reasonably accurate for low rates of return. The chart below compares the numbers given by the Rule of 72 and the actual number of years it takes an investment to double.
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as jean tyler plans to set aside funds for her young children's college education, she is setting a short-term goal.
As Jean Tyler plans to set aside funds for her young children's college education, she is setting a long-term goal.
What is a long-term financial goal?A goal is the desired outcome that a person plans for, commits to achieving, and envisions. A financial goal is also an outcome you desire to achieve in a particular area of your finances. Something you intend to accomplish with your finances in the far future is a long-term financial objective. The most notable is a target that will be reached in five or more years.
How is Jean Tyler setting a long-term goal?A long-term objective is something you wish to accomplish in the future, as opposed to a short-term aim. For a plan and prospective strategy to succeed, it is crucial, and it takes time and preparation, as in the case of Jean Tyler, which probably requires many years of saving.
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The complete question is: "As Jean Tyler plans to set aside funds for her young children's college education, she is setting a ______ goal."
If a brand positioning statement is guided by principles that an organization uses to make decisions and conduct business then it is being driven by:______.
If a brand positioning statement is guided by principles that an organization uses to make decisions and conduct business then it is being driven by the brand's core values.
A brand positioning statement provides a succinct, clear explanation of what your brand does, or organization does, who it targets, and its advantages. The statement will often be an internal document, but it should be followed to make sure all information is uniform. The positioning statement, not a slogan, is typically utilized as an internal only document. To be understood and remembered by the staff, it must be brief.
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When we assume that consumers want to pay the lowest price possible, we assume that consumers are? cheap. deceitful. rational. informed
When we assume that consumers want to pay the lowest price possible, we assume that consumers are rational. A consumer is a person or group who intends to order, orders, or utilizes purchased goods, products, or services primarily for personal, social, family, or domestic requirements that are unrelated to entrepreneurial or business activity.
The term is most typically used to describe someone who buys goods and services for personal use. This speech inspired the foundation of World Consumer Rights Day, which is now observed on March 15. During his speech. The right to be informed entails being shielded from false, deceptive, price or substantially misleading information, advertising, labelling, or other practices.
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in today's workplace, soft skills such as communicating clearly, getting along with coworkers, solving problems, and taking initiative are less important than technical or hard skills.
The given statement is completely true that in today's workplace less importance is given to the soft skills, communicating clearly, and solving problem.
The soft skills mean the extra skill available in a person along with the main skills. In the past time more importance is given to these types of the activities but in present the importance of these activities reduced because the companies now shift their focus to the technical skills or some hard skill instead of soft skills. They do not want that the employee has many skills, but they want that the employee has one technical skill that make him different from the other employees. Hence, the less importance is given to soft skills such as communicating clearly, getting along coworkers, solving problems and other skills.
Hence, The claim that soft skills, effective communication, and problem-solving are accorded less weight in the job today is totally accurate.
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Which of these items is most likely to have perfectly inelastic price elasticity of demand?
The most effective factor near a superbly inelastic proper might be air and water, which nobody demands.
An example of flawlessly inelastic call for could be a lifesaving drug that people will pay any fee to acquire. even if the rate of the drug could increase dramatically, the amount demanded could continue to be unchanged.
Fee elasticity of call for is stated to be elastic if the proportion change in amount demanded is greater than the proportion exchange in fee.
Fee elasticity of demand is said to be inelastic if the proportion alternate in amount demanded is lesser than the proportion exchange in rate.
Elastic
movie Tickets
Pizza
Inelastic
gas
insulin for diabetics
power
water
b) A existence-saving clinical remedy has flawlessly inelastic demand as although the rate will increase, the call for will no longer decrease as it's far extremely crucial.
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this goal of financial management is superior to other possible goals, since it considers the timing and risks associated with the cash flows expected from management’s decisions.
Shareholder wealth maximization this goal of financial management is superior to other possible goals. The shareholder wealth maximization (SWM) principle states that maximizing shareholder returns is and should be the goal of all company action.
This entails maximizing the price of a company's common stock from a financial management standpoint. The primary goal of maximizing shareholder wealth is for a company's stock price to rise. Shareholder wealth maximization can be beneficial since it provides a clear goal for a company's managers to work toward in order to develop value. Because the company's net worth has increased, share values have increased as well, enhancing shareholders' wealth.
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suppose the market for tomatoes is in equilibrium, and events occur that simultaneously shift both the demand and supply curves to the right. if this is the only information you have, what can you say about how the equilibrium price or quantity would be affected? the equilibrium price and quantity would both decrease. quantity would increase, whereas the direction of the change in equilibrium price would be indeterminate. price would increase, whereas the direction of the change in equilibrium quantity would be indeterminate. price and quantity would both increase.
Suppose the tomato market is in equilibrium, and events simultaneously shift both the demand and supply curves to the right. From this information, we can say that the quantity will increase.
What do you mean by equilibrium?Supply and demand and other economic forces must be in balance for there to be equilibrium, and if there are no outside effects, the values of the economic variables will remain the same. For instance, equilibrium occurs when the quantity demanded and the amount supplied is equal in the classic text on perfect competition.
When a market price is set via competition and the number of goods or services demanded by buyers and the number of goods or services provided by sellers are equal, the market is said to be in equilibrium. This price, which is also referred to as the competitive price or market clearing price, tends to remain constant barring fluctuations in supply or demand. The amount is also referred to as the "competitive quantity" or market clearing.
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Simply soft drinks acquires louisiana sugar cane inc. this is a __________ merger.
Simply Soft Drinks acquires Louisiana Sugar Cane Inc. This is a vertical merger.
Carbonated Soft Drink are commonly candy, non-alcoholic effervescent liquids. some of the most examples of carbonated gentle beverages are Coca-Cola, Mountain Dew, Sprite, and so on.
The time period Soft Drink became originated to differentiate the flavored drinks from hard liquor, or distilled spirits. tender drinks had been advocated instead within the attempt to change the difficult-ingesting conduct of early people.
Carbonated Soft Drink are typically known as soda. The call “smooth drink” infers that the beverage does not incorporate alcohol, that's taken into consideration a “hard drink.” Carbonated gentle drinks are available in types which can be sweetened with sugars or with sugar substitutes.
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hich of the following are part of the four required financial statements normally prepared by profit-making organizations for use by investors, creditors, and other external decision makers
Balance sheet statement is one of the four required financial statements normally prepared by profit-making organizations for use by investors, creditors, and other external decision makers. Therefore, the option B holds true.
What is the significance of a balance sheet?A balance sheet can be referred to or considered as the financial statement that represents the financial position of the firm as on the given date of the statements.
As per the corporate laws, it is mandatory for a firm to prepare an audited balance sheet as a part of the financial statements to present them to its creditors, investors, and other important personnel.
Therefore, the option B holds true and states regarding the significance of a balance sheet.
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The incomplete question has been completed below for better reference.
Which of the following are part of the four required financial statements normally prepared by profit making corporations for use by investors, creditors, and other external decision makers? Check That Apply.
Annual reports
Balance sheet
Quarterly reports
Statement of stockholders equity
In a business message, ______ words emphasize positive, harmonious relationships and positions
In a business message, constructive words emphasize positive, harmonious relationships and positions.
What is CRM?CRM is an abbreviation for customer relationship management and it can be defined as a process which typically involves combining business strategies, techniques, practices, and technologies, so as to effectively and efficiently manage an organization's customer information (data), in order to improve and enhance customer satisfaction.
Additionally, good customer relationship management (CRM) helps the employees working in an organization to ensure their customer are well satisfied and happy with their service at all times, while ensuring that constructive words are always used in order to emphasize positive, harmonious relationships and positions.
In conclusion, a business message should always be composed of constructive words.
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management theories that are used to build organizations and guide them to their goals scientific in nature
Management theories that are used to build organizations and guide them to their goals scientific in nature are called scientific management theories.
Federick W. Taylor was the first to advance the management theory known as scientific management, commonly referred to as Taylorism. To boost efficiency, it analyses the most effective production process using scientific methodologies. There is "one right way" to complete a task, according to Taylor's Scientific Management Theory. Individual effectiveness and productivity are the main concerns of scientific management theory. Scientific management theory examines and combines work. Improving economic efficiency, particularly worker productivity, is its fundamental goal. One of the early attempts at using science to build management procedures was this one.
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chapo’s property was foreclosed on and he is facing a deficiency judgment so the lender can recover losses incurred from the foreclosure process. what type of lien may the lender levy against chapo until the losses are paid?
Chapo’s property was foreclosed on and he is facing a deficiency judgment so the lender can recover losses incurred from the foreclosure process.
A blanket lien type of lien is what the lender can levy against Chapo until the losses are paid
This is further explained below.
What is a blanket lien?Generally, A blanket lien is a sort of lien that grants the right to confiscate, in the case of nonpayment, all different kinds of assets acting as collateral that is possessed by a debtor.
In conclusion, The lender has the right to seek a deficiency judgment against Chapo in order to recoup any losses that were sustained throughout the foreclosure process. Chapo's property was repossessed.
The lender has the ability to place a blanket lien, which is a sort of lien, on Chapo until the losses are paid in full.
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without engaging in international trade, freedonia and desonia would not have been able to consume at the after-trade consumption bundles.
True, without engaging in international trade, freedonia and desonia would not have been able to consume at the after-trade consumption bundles.
What is international trade?Countries can get commodities & services that would not otherwise be accessible locally through the international trade, expanding their markets in the process. The market is more competitive as a result of global trade. In the end, this leads to more competitive pricing and sends a less expensive product to the consumer.
For instance, labor costs may rise as a result of political change in Asia. This may raise the manufacturing expenses for a Malaysian-based American shoe firm, which would subsequently raise the cost of a pair of sneakers that an American customer might buy at their neighborhood mall.
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unearned revenue is question 6 options: a contra-asset account. an expense account. a liability account. an equity account. a revenue account. an asset account.
Unearned revenue is a liability account.
Unearned revenue is cash received by a person or business for an item or service that has yet to be generated or delivered. It is categorized as a liability on a firm's balance sheet since it represents a consumer debt.On a firm's balance sheet, unearned revenue is shown as a liability. It is regarded as a liability since the revenue has yet to be generated and it represents goods or services owed to a customer.Unearned revenue is a type of financial account. It is an obligation, or a sum owing by a business. It is classed as a current obligation on a company's balance sheet, a typical financial statement in accounting.The Unearned Revenue account is meant to be settled in exchange for products and services, whereas the Accounts Payable account is meant to be handled in cash.Thus this is the meaning of Unearned revenue.
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A utility company obtains an easement in gross to run power lines over your property. as a result, your property would become a?
A utility company obtains an easement in gross to run power lines over your property. As a result, your property would become a servient tenement.
A servient estate is a parcel of land this is problem to an easement. The easement may be an easement in gross, an easement that benefits an individual or other entity, or it is able to be an easement appurtenant, an easement that benefits any other parcel of land. The proprietor of the land via which the easement passes is called the 'servient' proprietor. historically, the word "tenement" supposed any permanent residential assets used for apartment purposes. it may refer to houses, land, and different buildings and the rights connected to this assets.the two parties to an easement are the “Servient tenement” and the “Dominant tenement”. The Servient tenement is the land over which the easement is registered and the Dominant tenement is the land which has the benefit of the easement.
An easement is a privilege or proper that the owner of 1 parcel of real property (referred to as a dominant estate or dominant tenement) has regarding another parcel of an property (referred to as a servient property), and the owner of a servient estate is obligated not to interfere with that privilege.
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maben company was started on january 1, year 1, and experienced the following events during its first year of operation:
Maben company was started in January within a year of its event operation the Acquired $33,000 cash.
What are Event Operations?Events like festivals, conferences, ceremonies, marriages, formal parties, concerts, or conventions can be created and developed on a small-scale or large-scale using the project management methodology. The department in charge of coordinating and integrating all other operations within an event and any linked venues is known as Event Operations. While carrying out events, the event operations manager makes sure that all logistical requirements are met following the event schedules. He or she oversees the event plans and collaborates closely with other departments to make sure that all of the events' operational needs are met. You must have a thorough understanding of the business and its procedures to succeed as an event operations manager.
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Which form of international expansion involves the development of a mutually beneficial partnership with a company in a foreign country?
Strategic alliances are a type of international expansion that entails creating a profitable collaboration with a company abroad.
What Is an International Expansion Plan?Businesses utilize formal, multi-level international expansion strategies to enter foreign markets, create an expanding presence, and quickly turn a profit. Foreign expansion plans improve the structure and sustainability of growth. The process of taking a domestic or local firm and expanding it to the international market is known as international business expansion (or internationalization). There are numerous reasons why businesses want to grow globally. By expanding internationally, you can reach new markets and clients that are untapped by your competitors. Being able to offer dependable service to their international clients is one of the reasons businesses grow internationally.To learn more about international expansion, refer to:
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A strategic alliance is an arrangement between two companies that have decided to share resources to undertake a specific, mutually beneficial project. A strategic alliance agreement could help a company develop a more effective process.
What do you mean by strategic alliance?
Strategic alliances are agreements made between two or more independent companies to help them in the manufacturing, development, or sale of products and services, or other business objectives.For example, in a strategic alliance, Company A and Company B combine their respective resources, capabilities, and core competencies to generate mutual interests in designing, manufacturing, or distributing goods or services.To learn more about strategic alliance, refer to:
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describes how you would collect requirements for this system and include at least five requirements.
Collecting requirements for a venture involves defining and documenting the capabilities and features of the goods for the venture in addition to the strategies used for growing them. The assignment team creates necessities documentation and a demand traceability matrix as outputs of the requirements collection manner.
Requirements entail defining and documenting the functions and features of the products produced during the task in addition to the tactics used for creating them. it's far often hard to acquire requirements because it is tough for clients to articulate their needs earlier than they see the give-up product.
Requirements collection amassing is an important method in task control, without this, it's miles simply not possible to efficiently meet task desires. The necessities amassing manner presents a team with the direction that is based on the necessities a purchaser has diagnosed.
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according to the american marketing association, which of the following is the primary use of marketing research?
To link the consumer to the marketer marketing research can be done according to the American marketing association.
What is Marketing Research ?
Market research, also called "marketing research," is the process of determining the viability of a new service or product through direct customer research. With the aid of market research, a company may pinpoint its ideal clientele and gather feedback from customers about their interest in the product or service.
This type of research may be conducted internally, by the company itself, or by a third-party market research company. Focus groups, surveys, and product testing are all effective techniques. Typically, test respondents are compensated for their time with free product samples or a small stipend. It takes a lot of research and development to create a new product or service (R&D).
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What type of financial planning focuses on issues such as paying your monthly rent, paying tuition and fees, and cost of food, while still having some funds to use for entertainment, rest and relaxation?.
The type of financial planning required that focus on the issue is personal financial planning.
Personal financial planning is an all-encompassing strategy, which is not just limited to those who have a lot of financial resources .Generally, a financial strategy depends on you against your life shocks, it consists of your savings, assets, debt, and information about your income, and so on. Personal financial planning can be defined as a procedure of arranging someone's finance to meet someone's obligations such as one share of educational expenses, monthly rents, expenses food plus along with saving some amount for individual enjoyment, recreation, and downtime
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Identify and describe the four distinct categories that comprise the sport product.
Answer:
The four distinct
product
promotion
price
place
In addition to value, what characteristics are being addressed in a vrio analysis? rarity imitability obsolescence replacement organization
In addition to value, the characteristics that are being addressed in a vrio analysis are:
Rarity Imitability Organization.What is vrio analysis?VRIO business analysis can be described as the framework which make up the part of a firm's larger strategic scheme.
This analysis make use of the process where the firm begins with a vision statement, then proceed with the objectives as well as the internal & external analysis, , hence the vrio analysis are:
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Business units that have slow growth but high market share are considered to be ______ by the bcg matrix. multiple choice question. dogs cash cows stars question marks
Business units that have slow growth but high market share are considered to be the Entire industry by the BCG matrix. multiple choice question.
The BCG growth-proportion matrix is a device used internally by means of management to evaluate the contemporary nation of fee of a company's gadgets or product traces.
Marketplace share and relative Business proportion can help businesses make strategic decisions to gas their increase. at the same time as absolute market percentage suggests how lots boom capacity a company has within its industry, relative market proportion offers insight on how to perceive and outperform the unique competition.
Is a matrix with a marketing-making plans device that allows managers to devise a balanced product portfolio. It appears in two dimensions, marketplace percentage, and marketplace boom, with the intention to verify new and present products in phrases in their market capability.
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The bws corporation stock is selling at $50 a share today. round your answers to the nearest dollar calculate the value of a bws call option if its exercise price is $30 and it expires today?
Yhe value of a bws call option if its exercise price is $30 and it expires today is zero.
A corporation, sometimes called a C corp, is a legal entity that's separate from its owners. Corporations can make a profit, be taxed, and can be held legally liable. Corporations offer the strongest protection to their owners from personal liability, but the cost to form a corporation is higher than otherstructures.
First, we need to calculate the value of the put option if its exercise price is $40 and it expires today:
Value of the put option = Excercise price - Stock price
Value of the put option = $40 - $50
Value of the put option = $0
The value of the put option cannot be negative
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white clinic in texas and aultman hospital in ohio have developed their own insurance products. these organizations have decided to pursue a strategy of
White clinic in Texas and Aultman hospital in Ohio have developed their own insurance products. These organizations have decided to pursue a strategy of product development.
What is Product Development?NPD, or new product development, refers to the entire process of developing a new product, updating an existing product, or launching a product in a new market. Product design is a key component of NPD, along with different commercial factors.
A market opportunity is transformed into a product that is offered for purchase through new product development. An organization's ability to make money comes from the items it develops. Their strategy is built on utilizing technical innovation in a market that is changing quickly for many technology-intensive businesses.
A tangible product is something that can be touched, whereas an intangible one is something like a service or an experience. However, services and other processes are occasionally distinguished from being considered "products." Understanding client needs and wants, the competitive environment, and market dynamics are necessary for NPD.
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