Describe the communication model

What will be an ideal response?

Communication begins with a sender who encodes a message for the receiver and selects a communication channel. The message must be correctly decoded by the receiver. Feedback allows the sender to make sure the true meaning is received. Noise (anything that interferes with sending or receiving the message) must be overcome in the communication process.

Business

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In which of the following would the buyer reorder a product without any modifications?

A) reverse auction B) solution selling C) new task D) straight rebuy E) modified rebuy

Business

Why do companies opt for market segmentation?

What will be an ideal response?

Business