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Fyroff Consultants,a Leading Software Consulting Firm in the United States,decides

question 54

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Fyroff consultants,a leading software consulting firm in the United States,decides to launch an Enterprise Resource Planning (ERP) solution.The company chooses the brand name FyroffEnterprise for the new solution.However,when the company attempts to register the domain name,it finds that a small unknown firm is already registered under the same domain name.The small firm is now attempting to sell the domain name to Fyroff.Which of the following terms refers to this practice of buying a domain name only to sell it for big bucks?


Definitions:

Statement Purpose

A declaration outlining the intent or objectives of a document, presentation, or project.

Unsolicted Proposal

is a proposal or offer made by an individual or organization to undertake a project or provide services that have not been specifically requested by the recipient.

AIDA Approach

The AIDA Approach is a marketing strategy framework that stands for Attention, Interest, Desire, and Action, used to guide the process of persuading potential customers.

Direct Approach

A straightforward method of communication where intentions or demands are stated clearly and without evasion.

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