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Arnoury, a car service station, takes feedback from clients…

Arnoury, a car service station, takes feedback from clients after servicing their cars, which gives the clients a sense of importance. Arnoury’s management also ensures rectification and improvement of its services based on clients’ feedback. Which of the following marketing strategies does this scenario best illustrate?

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The _____ of a firm includes managers who set the overall di…

The _____ of a firm includes managers who set the overall direction of the firm, articulating a vision, establishing priorities, and allocating time, money, and other resources.

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The price of a product must be relative to the benefits of t…

The price of a product must be relative to the benefits of that product.

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Duk Yu, a beverage company, buys its raw materials from Ness…

Duk Yu, a beverage company, buys its raw materials from Nessange, a fruits and vegetables exporting company, without making any payment at the time of purchase. Instead, Nessange allows Duk Yu to pay the total purchase amount within a period of six months. Which of the following short-term financing options is being used by Duk Yu in the given scenario?

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Garry, a financial manager at AtoZ technologies, wants to kn…

Garry, a financial manager at AtoZ technologies, wants to know when his firm will need to arrange for short-term financing and when the firm is likely to have surplus cash available to pay off loans or to invest in short-term liquid assets. These concerns suggest that Garry would want to develop a _____.

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Escribo Marketing holds annual blood donation camps and cond…

Escribo Marketing holds annual blood donation camps and conducts other similar charitable events in educational institutions. Escribo Marketing is using people marketing.

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Strategies are defined as action plans that help organizatio…

Strategies are defined as action plans that help organizations achieve their goals by forging the best fit between the organization and the environment.

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Through the use of technology, marketers can lower costs and…

Through the use of technology, marketers can lower costs and deliver greater value to their customers.

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Grisham is the financial manager of Plink Inc., an electroni…

Grisham is the financial manager of Plink Inc., an electronics company. He invests a major portion of the company’s profit in his business. He believes that money has the potential to grow in value over a certain period, which is why he prefers to receive and invest an amount of money today rather than in the future. In this scenario, Grisham is most likely to be influenced by _____ while utilizing the finances of the company.

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A health-drink company faces a lot of flak for misquoting th…

A health-drink company faces a lot of flak for misquoting the nutritional facts on its product packages. Once it clears the charges, the company hires a firm that helps it in reviving a positive image in the media as well as the broader community. The firm’s primary task is to constantly communicate with the media personnel and make sure that the media runs unpaid stories that create a favorable impression about the company. This scenario exemplifies the use of:

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