When the Difference Is Deemed to Be Important and Useful

question 20

True/False

When the difference is deemed to be important and useful to the marketing manager,then it has practical significance.

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Definitions:

Ethics

A set of moral principles that govern the behavior of individuals and institutions.

Values and Principles

Fundamental beliefs and guidelines that shape an individual's behavior and decision-making process, often reflecting what is important to them.

Long-term Effectiveness

A measure of how well a method, strategy, or action maintains its desired outcomes or benefits over an extended period.

Environment

The surroundings or conditions in which a person, animal, or plant lives or operates, including natural, social, and cultural elements.