Demand refers to the quantity of a particular good, asset, or other value that market participants are willing and able…
The most important aspect of durability is market fit. Unique super simple products or services that does change much if…
A design strategy is a high-level plan that guides the overall approach to a design. It outlines the goals, principles,…
The Product-as-a-Service business model involves offering a service in areas that were traditionally sold as products. This model involves ongoing…
A mission statement is a statement of purpose that defines the goals and values of an organization. It is a…
An OEM (original equipment manufacturer) is a company that produces parts or equipment that is used in the manufacture of…
Eye contact is a fundamental component of communication and a crucial social signal in human interactions. This is why it…
Lobbying is the act of influencing or attempting to influence the decisions of government officials, legislators, or regulators on behalf…
Switching barriers are factors that make it difficult or inconvenient for customers to switch from one product or service to…
