Examlex
Which of the following is one of the principles that characterize TQM?
Competitive Advantage
A condition or circumstance that puts a company in a favorable or superior business position compared to its competitors.
Positioning Statement
A marketing strategy that aims to make a brand occupy a distinct position, relative to competing brands, in the mind of the customer.
Target Market
A specific group of consumers identified as the intended audience for a product or service, based on demographics, interests, and needs.
Core Market
The core market is the primary segment or audience that a company targets with its products or services, often considered the central focus of its business efforts and resources.
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