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Which of the Following Is Not a Critical Component for a Successful

question 8

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Which of the following is not a critical component for a successful new business?


Definitions:

Quality

The degree of excellence of a product or service, often measured against other similar products or services.

Price of a Service

The amount of money charged for the performance of a specific task or service provided to consumers or businesses.

Tuition

The fee charged for instruction or teaching, typically in a formal educational institution.

Seven Ps

An extended marketing mix model that includes Product, Price, Place, Promotion, People, Process, and Physical evidence as its components.

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