Examlex
The acronym ABCS represents the tools needed for creating a successful marketing mix.
Market-Oriented Economy
An economic system where decision-making and investment are determined by the signals from markets rather than by central planning by the government.
Monetary Transactions
Financial activities involving the transfer of money from one party to another, can include both domestic and international transactions.
Final Goods
Products or goods that are ready for sale to the end consumer and will not be transformed into another product.
Economy
The system by which goods and services are produced, distributed, and consumed in a society.
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