In US Business History, the Marketing Concept Was Introduced in

question 86

Multiple Choice

In U.S. business history, the marketing concept was introduced in

• A) the early years of the Civil War.
• B) the 1920s.
• C) the 1950s.
• D) the mid-1980s.
• E) the first few years of the 21st century.

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Definitions:

Utilitarianism

A personal moral philosophy that focuses on “the greatest good for the greatest number” by assessing the costs and benefits of the consequences of ethical behavior.

Business Intelligence

The technologies and strategies a business employs to analyze data related to its operations, aiming to improve decision-making and performance through actionable insights.

Corruption

The abuse of entrusted power for private gain, which can occur in both the public and private sectors.

Economic Espionage

The illegal act of stealing or attempting to steal trade secrets or proprietary information from a company for economic gain.