The Development of Low-Cost Computing Platforms and Communication Technologies Is

question 68

True/False

The development of low-cost computing platforms and communication technologies is an economic change brought about by globalization enabled by information technology.

Identify the elements of the marketing mix and understand their significance.

Differentiate between needs, wants, and demands in marketing terminology.

Recognize the role of distribution (place) in the marketing mix.

Understand how promotion is utilized within the marketing mix.

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Definitions:

Cultural Routines

Established patterns of behavior or practices that are characteristic of a particular culture or society.

Organizational Culture

The collective values, beliefs, and principles of organizational members, which shapes the organization's practices and behaviors.

Cultural Symbols

Objects, signs, or emblems that convey specific meanings and values within a culture or organization, serving as identifiers for shared beliefs and behaviors.

Shared Behaviors

Actions and practices adopted by group members that are common and observed regularly within a community or organization.