Examlex
What is culture? Discuss in brief the issues that a marketer must keep in mind while analyzing culture.
Quality Defects
Imperfections or flaws in a product or service that deviate from specified standards and can negatively affect customer satisfaction.
Efficiency
The ability to accomplish a task or goal using the least amount of resources or time, often measured in terms of output per unit of input.
Competitive Strategy
Refers to a long-term plan formulated by a company to gain a competitive advantage over its rivals in the industry.
Organization Structure
The arrangement of departments, roles, and responsibilities within a company, defining how activities are directed to achieve goals.
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