Examlex
Gary Hirshberg started the Stonyfield Farm yogurt company.His marketing strategy: building a strong connection with customers using guerilla marketing.This is an example of formulated marketing.
Social Stratification
The hierarchical arrangement of individuals in a society based on factors like wealth, race, education, and power.
Titanic
The British passenger liner that sank in the North Atlantic Ocean in 1912 after colliding with an iceberg, leading to significant loss of life.
Upper-upper Class
The segment of the upper class that consists of people who have acquired wealth over generations, often combined with social prestige and inherited status.
New Money
Refers to wealth that has been acquired recently, as opposed to wealth that has been inherited over generations.
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