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Provide an appropriate response.
-Describe how to determine average inventory for a full year.
Marketing Effort
The total activities directed towards the promotion, distribution, and selling of a product or service.
Marketing Program
A comprehensive plan that integrates various promotional activities and strategies to achieve specific marketing objectives.
Cost
The amount of money required to purchase something or the expenditure involved in producing a product or delivering a service.
Strategy Formulation
The process of developing plans and actions to achieve organizational goals and strategic objectives.
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