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Relationship Marketing Aims to Build Mutually Satisfying Long-Term Relationships with Key

question 8

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Relationship marketing aims to build mutually satisfying long-term relationships with key parties.


Definitions:

Interstate Commerce Commission (ICC)

A former independent agency of the U.S. government, established to regulate the railroad industry and later expanded to oversee other modes of transportation.

Independent Regulatory Agency

An autonomous agency established by a government to impose and enforce regulations without political interference, often in specific economic sectors.

Executive Branch

The part of government responsible for implementing, enforcing, and administering the laws and policies of a country or state.

Merit System

A system of hiring and promoting governmental employees based on their ability and performance, rather than on political affiliation or other non-merit factors.

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