Definition of marketing:
What will be an ideal response?
Ans: The process by which companies create value for customers and build strong customer relationships in order to capture value from customers in return
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An insured was injured as an innocent bystander when someone committed a felony. The insurer is
A) likely to void the policy B) partially liable for the loss C) not liable for the loss D) liable for the loss
The business operating cycle of a manufacturing company is the time it takes for a company to collect cash from customers, purchase materials, convert materials to to finished products, inspect product, store product in a warehouse, receive an order from customers, ship product to them, and receive an acknowledgment of receipt from customers.
a. true b. false