Examlex
Social facilitation refers to people's performing tasks better when they are observed by others.
Marketing Mix
A foundational marketing model comprising four elements—product, price, place, and promotion—used by businesses to achieve their marketing objectives.
Target Markets
Specific groups of potential customers at whom a company aims its products and marketing efforts based on shared characteristics.
Competitors
Businesses or individuals in the same industry that vie for the same customer base or market share.
Exchange
The act of trading goods, services, or resources between parties, typically in a way that benefits both sides.
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