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Identify/define and explain the significance of the following: slave trade.
Segmentation Process
The act of dividing a broad consumer or business market, normally consisting of existing and potential customers, into sub-groups based on some type of shared characteristics.
Marketing Strategy
A firm’s target market, marketing mix, and method of obtaining a sustainable competitive advantage.
Vision
A forward-looking statement or concept that outlines what an organization aspires to achieve in the future, guiding its strategic decisions and direction.
Product's Price
The monetary value assigned to a product by a company, reflecting costs, market demand, and competitive pricing, which consumers are expected to pay to acquire it.
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