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What Functions Do Packages Perform? What Are the Factors Marketers

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Essay

What functions do packages perform? What are the factors marketers should consider when developing packages?


Definitions:

Representative Power

The formal right conferred by the firm to speak for and to a potentially important group.

Personal Power

Describes an individual's ability to influence or control the circumstances of their own or others' lives.

Formal Hierarchy

A formal hierarchy is an organizational structure where individuals and groups are ranked according to levels of authority, responsibility, and status within the organization.

Zone Of Indifference

A range within which attempts to influence a person will be perceived as legitimate and accepted without critical thought.

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