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A florist is buying a number of motorcycles to expand its delivery service.These will cost $87,000,but are expected to increase profits by $3000 per month over the next four years.What is the payback period in this case?
Marketing Driver
A factor or a set of factors that influences the demand for a product or service.
Marketing Manager
A professional responsible for overseeing and guiding a company's marketing strategies, campaigns, and efforts to achieve its marketing and business goals.
Marketing Research Approach
The marketing research approach entails systematic identification, collection, analysis, and dissemination of data to improve decision-making related to identifying and solving marketing problems.
Information Technology System
A system composed of hardware, software, data, and networking components designed to collect, process, and distribute information efficiently.
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