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Companies Use _____ to Fit the Needs and Preferences of a Specific

question 117

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Companies use _____ to fit the needs and preferences of a specific target market by combining product,distribution,promotion,and pricing strategies.


Definitions:

Social Group

A collection of individuals who interact with each other and share similar characteristics and a sense of unity.

Folk Psychologists

are laypeople who apply their intuitive understanding of human behavior and mental processes without formal psychological training.

Nineteenth Century

The period from 1801 to 1900, marked by significant social, political, and technological changes worldwide.

Cognitive Dissonance

A psychological phenomenon where one experiences discomfort from holding two or more conflicting beliefs, ideas, or values.

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