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Distinguish Between the Various Layers of Diversity, Giving at Least

question 71

Essay

Distinguish between the various layers of diversity, giving at least three examples of each of the layers.


Definitions:

Target Customer Segment

A distinct segment of the marketplace that a corporation directs its offerings towards.

Profit To Distributors

The financial gain that distributors achieve from selling products after accounting for their cost of goods sold and operating expenses.

Production Era

A period in business thought where the main focus was on manufacturing efficiency and product output, with little attention to the consumer.

Marketing Concept

A business philosophy that holds that the key to achieving organizational goals consists of the company being more effective than competitors in creating, delivering, and communicating customer value.

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