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Identify and Briefly Explain the Four Rights of Consumers Articulated

question 79

Essay

Identify and briefly explain the four rights of consumers articulated by President John F.Kennedy in 1962.


Definitions:

Research And Development

The systematic activity combining both basic and applied research, and aimed at discovering solutions to problems or creating new goods and knowledge.

Financial Resources

Monetary assets that are available and can be used to facilitate transactions or investments by individuals or organizations.

Focused Strategy

A business approach that targets a particular market niche or demographic with tailored products or services.

Customer Niche

A focused, targetable portion of a market by which specific products or services are marketed to meet the unique demands of its audience.

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