In the Twenty-First Century,________ Remains an Essential Element of Any

question 84

Multiple Choice

In the twenty-first century,________ remains an essential element of any marketing strategy to develop and manage long-term customer relationships.

• A) storing
• B) pricing
• C) financing
• D) communication
• E) grading

---

Definitions:

Federal Government

The national government of a federation, which holds authority over the political units constituting the federation, handling matters that affect the country as a whole.

Marginal Tax Rate

The rate at which the last dollar of income is taxed, indicating the percentage of additional income that is paid in taxes.

Personal Income Tax

A tax levied on individuals or households based on their total annual income from all sources.

Welfare Payments

Welfare payments are government-provided financial assistance programs designed to support individuals or families in meeting basic living expenses, often targeted towards the needy or unemployed.