________ Is a Systematic Effort to Reduce the Cost or Improve

question 41

Short Answer

________ is a systematic effort to reduce the cost or improve the performance of products and services, either purchased or produced.

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Definitions:

Direct Sales

A business model where products or services are sold directly to customers, bypassing traditional retail channels.

Inspire

To fill with the urge or ability to do or feel something, especially to do something creative.

Marketing Mix

The combination of factors that can be controlled by a company to influence consumers to purchase its products, traditionally identified as product, price, place, and promotion.

Stable

Firm, steady, or not prone to sudden changes or deterioration, often used to describe economic or environmental conditions.