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Question

Define the following terms :-

Window of Opportunity
Dominant Product Design
Concept of Enabling Technologies
Product Life Cycle
Corridors of Progression

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Solution Preview

Window of opportunity is defined as an opportunity to do something; however, this opportunity lasts for a short time and the advantage of the window has to be taken quickly. For instance, customer need and the potential market are the main factors to be considered for a golden opportunity. Entrepreneurs must consider

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