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Sociologically, the Word Institutions Has Two Definitions

question 4

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Sociologically, the word institutions has two definitions. Among the following, which is one of them?

Appreciate the role of social media platforms in business-to-consumer (B2C) marketing.
Grasp the concept and importance of the Zero Moment of Truth (ZMOT) in the consumer purchase process.
Understand the concept and consequences of anticipatory repudiation in contract law.
Distinguish between various types of contract breaches and their implications.

Definitions:

Promotion Efficiency

The effectiveness and efficiency of marketing strategies in reaching and persuading potential customers to make a purchase.

Glocalization

The process of adapting a product or service to suit local tastes and cultural preferences while maintaining a global outlook.

Mega Phone 4

A fictional or specific product name, possibly referring to a model of a phone or a communication device.

State Control

The extent to which a government exercises authority and regulatory powers over economic and social policies within its territory.

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