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Potential strategies used to implement offensive strategic marketing plans are protect position,optimize position,and monetize strategy.
Fixed Costs
Costs that remain constant regardless of the amount of goods produced or sold, including lease payments, wages, and insurance fees.
Gross Profit
The difference between a company's sales revenue and its cost of goods sold, representing the profit made before accounting for operating expenses.
Special Order
A one-time customer order often involving unique specifications, which might not fit into the company's standard offerings.
Variable Cost
Costs that vary directly with the level of production or volume of output, such as raw materials and direct labor.
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Q93: The strategy called Total Quality Management (TQM)was