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Product development is a critical process for any company that wants to stay competitive. By constantly innovating and improving their products, companies can ensure that they remain relevant in the marketplace. However, developing new products is not always easy, and it can be expensive. As a result, many companies are hesitant to invest in product development. This is where the extra industry authority can be helpful. By carrying out product development, companies can gain a competitive advantage. In addition, they can also use the extra industry authority to negotiate better terms with suppliers and lenders. As a result, investing in product development can be a smart move for any company.

Product development is a critical process for any company that wants to stay competitive.

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