Targeting Refers to the Process of Deciding Which Customers Will

question 86

True/False

Targeting refers to the process of deciding which customers will get scarce products during product shortages.

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Definitions:

Limited Liability

A legal principle where an investor's financial liability is limited to a fixed sum, mostly the value of an individual's investment in a company or partnership.

Sole Proprietor

A business owned and operated by a single individual, without a legal distinction between the owner and the business.

Separate Legal Entity

A business entity that is legally distinct from its owners, meaning it can own property, incur debts, and be sued in its own name.

Ratification

The action of formally confirming or approving an agreement, treaty, or contract, making it officially valid.