Examlex
Define systems theory and explain how it has influenced many sciences.
Price Sensitivity
The degree to which the demand for a product or service is affected by changes in its price.
Perceptual Map
A visual representation used to show the perception of consumers about specific brands or products in relation to competitors, typically on dimensions like price and quality.
SWOT Analysis
An evaluation of a firm’s strengths, weaknesses, opportunities, and threats.
Segmentation Analysis
The process of dividing a market into distinct subsets of customers with common needs or characteristics, to target marketing efforts more effectively.
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