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According to the Textbook,a Payment Made to Compensate Managers for the Cultural

question 39

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According to the textbook,a payment made to compensate managers for the cultural and physical adjustments that they will have to make is known as which of the following?


Definitions:

Relationship Era

A period in marketing where the focus shifts towards building long-term relationships with customers rather than on individual transactions.

Marketing Era

signifies a time in business thought where the focus shifted towards satisfying customer needs and wants, leading to the development of market-oriented strategies.

Production Era

A historical period characterized by a focus on manufacturing efficiency, where businesses prioritized production over marketing.

Form Utility

The value added to goods through a change in form, making them more desirable to consumers.

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