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The advent of a strong buyer’s market created the need for c…

The advent of a strong buyer’s market created the need for consumer orientation by businesses.

Published December 26, 2024
Categorized as Uncategorized

A partnership is an affiliation of two or more companies tha…

A partnership is an affiliation of two or more companies that help each other achieve common goals.

Published December 26, 2024
Categorized as Uncategorized

A statement such as “to hit the 300 employee mark by the end…

A statement such as “to hit the 300 employee mark by the end of the year” is typically a part of a mission statement.

Published December 26, 2024
Categorized as Uncategorized

The relationship era builds on the marketing era’s customer…

The relationship era builds on the marketing era’s customer orientation by only focusing on  maintaining relationships with customers.

Published December 26, 2024
Categorized as Uncategorized

Production orientation is a business philosophy that stresse…

Production orientation is a business philosophy that stresses on the importance of quantity of products rather than the quality of products.

Published December 26, 2024
Categorized as Uncategorized

The main goal of not-for-profit organizations is to generate…

The main goal of not-for-profit organizations is to generate revenues above and beyond their costs to make money for all stakeholders involved.

Published December 26, 2024
Categorized as Uncategorized

The most obvious distinction between not-for-profit organiza…

The most obvious distinction between not-for-profit organizations and for-profit firms is the focus on generating revenues above and beyond the costs.

Published December 26, 2024
Categorized as Uncategorized

The financial bottom line refers to the limitations laid on…

The financial bottom line refers to the limitations laid on the budgets of a firm.

Published December 26, 2024
Categorized as Uncategorized

The expanded concept of marketing activities permeates all f…

The expanded concept of marketing activities permeates all functions in businesses and not-for-profit organizations.​

Published December 26, 2024
Categorized as Uncategorized

In the sales era, firms attempted to match their output to t…

In the sales era, firms attempted to match their output to the potential number of customers who would want it.

Published December 26, 2024
Categorized as Uncategorized

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