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Marketing Concept
A business philosophy that centers on identifying and meeting the needs and wants of customers through the products or services offered.
Strategy
A plan of action designed to achieve a long-term or overall aim, often involving a series of tactics or methodologies.
Satisfy Customer Needs
The process of meeting or exceeding customer expectations to encourage loyalty and repeat business.
Monetary Outlay
The amount of money spent on a specific item, service, or activity.
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