Examlex
Which of the following is characteristic of a strong routine message?
Target Markets
Specific groups of potential consumers at whom a company aims its products or services, identified by demographic, geographic, and psychographic characteristics, or by purchasing behavior.
Compensating Balances
Minimum balance requirements mandated by banks for borrowers, serving as a form of security for the loan.
Effective Cost
Effective Cost is the total cost of a product or service once all relevant factors, including hidden costs and indirect expenses, are considered.
Loan
is a sum of money borrowed that is expected to be paid back with interest.
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