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A Market Is People or Organizations with Needs or Wants

question 107

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A market is people or organizations with needs or wants and with the ability and the willingness to buy.


Definitions:

Online Shopper

An individual who purchases products or services through the internet, utilizing digital platforms and e-commerce sites.

Manufacturer's Suggested

The retail price recommended by the producer of a product, often seen in the context of MSRP (Manufacturer's Suggested Retail Price).

Autobytel.com

A web-based car buying service that connects consumers with dealerships, offering quotes, research tools, and financing options.

Option Packages

Bundles of additional features or services that can be added to a product or service, often at a discounted price compared to purchasing each item separately.

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