Factor and Simplify

question 22

Essay

Factor and simplify:

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Definitions:

Market

A place where people can sell goods and services (the supply) to people who wish to buy those goods and services (the demand).

Customer Mapping Process

A strategic approach to understanding the journey of the customer with a business, from initial awareness to post-purchase interactions, aiming to improve customer experience.

Color-Blindness

The concept of ignoring racial differences and treating all individuals equally, without acknowledging existing racial disparities and inequalities.

Meritocracy

A system in which advancement within the social hierarchy is based on individual talent, effort, and achievement rather than on class privilege or wealth.