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WordNet-Online
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Definitions from the WebBusiness LandscapeDefinition:The term "business landscape" refers to the overall environment or conditions in which a particular industry or business operates. It encompasses various elements such as competition, market trends, economic factors, and regulatory frameworks. Senses:1. General:In a general sense, business landscape refers to the broader picture of the economic and market conditions that affect an industry or business. Understanding the business landscape is crucial for creating effective strategies and making informed decisions. Example sentence:The CEO closely monitors the business landscape to identify opportunities and adapt the company's growth plans accordingly. 2. Local:In a local sense, business landscape refers to the specific conditions and characteristics of a particular area or geographic region that impact local businesses. This includes factors such as local market size, consumer preferences, and government policies. Example sentence:The local business landscape in this city heavily favors startups, with numerous support programs and a vibrant entrepreneurial community. Possible Related Products: | ||||
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