Landlord Has Leased the Property to the Tenant

question 6

Essay

Landlord has leased the property to the tenant.Tenant has to pay $5 as a late charge for the late payment of rent.Tenant pays his rent late for five month,but landlord accepts it without objection.Can landlord afterward recover the late charges?

Understand the concept of target markets and how organizations direct their marketing program towards specific groups.

Identify the four components of the marketing mix (product, price, promotion, and place) and their role in solving marketing problems.

Recognize the importance of satisfying consumer needs through effective marketing strategies.

Distinguish between a market and a target market in a marketing context.