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According to Tomkins, a Script Is

question 6

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According to Tomkins, a script is

Identify the substitution and output effects and their implications for firm decisions.
Understand the derived demand for labor and other resources.
Grasp the impact of technological and external factors on the demand and supply of resources.
Evaluate the impacts of resource productivity changes on firm output.

Definitions:

Brand Positioning

Marketing strategy that aims to create a unique impression in the customer's mind so that the customer associates something specific and desirable with the brand that is distinct from the rest of the marketplace.

Local Responsiveness

Adjusting or creating an approach to meet the differentiated needs of local markets, of local customers, of local stakeholders such as government officials and employees, and of suppliers and distributors.

Adjusting Approach

Adapting strategies or behaviors to better align with the current context or to meet the needs of different situations or stakeholders.

Local Markets

Marketplaces within a specific geographical area where businesses sell goods and services directly to consumers in the community.

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