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What Is the Definition of Marketing According to the Textbook

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Essay

What is the definition of marketing according to the textbook? How does this differ from your previous notion of marketing before beginning this course?


Definitions:

Compounded Semi-annually

Interest calculated on the initial principal and the interest that has been added on a bi-annual basis.

Inflation Rate

The rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling.

Hourly Rate

The amount of money paid or earned for each hour of work.

Equivalent

Equal in value, amount, function, meaning, etc.

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