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A Simplified Representation That Is Used to Study a Real

question 39

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A simplified representation that is used to study a real situation is called a(n) :


Definitions:

Marketing Elements

Components or factors that collectively define a marketing strategy, such as product, price, place, and promotion.

Promotion

The activities that involve all the ways in which companies tell their customers about their offering.

Designer Cookware

High-quality cooking utensils and equipment typically created by or associated with known designers, often featuring unique styles or functionalities.

4 Ps Model

A marketing framework that divides the marketing process into four components: Product, Price, Place, and Promotion.

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