Name the Various Stakeholders Who Are Affected by Marketing and Give

question 23

Essay

Name the various stakeholders who are affected by marketing and give one example of how each one might be affected in a fictitious situation.

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Definitions:

Competitiveness

The ability of a company or country to achieve and maintain a favorable position in the market compared to others, based on factors like price, quality, and innovation.

Transportation Model

A type of linear programming model used to solve logistics problems, involving the optimization of distributing goods from several suppliers to several consumers in a cost-effective manner.

Central Facility

A primary location or infrastructure that supports operations and services within an organization or network.

Optimal Shipping

The process of determining the most cost-effective and efficient method of distributing products from one point to another.