Companies Conduct Online Marketing by Creating a Website,placing Ads and Promotions

question 15

True/False

Companies conduct online marketing by creating a website,placing ads and promotions online,setting up or participating in online social networks,or mailing catalogues to potential customers.

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Definitions:

Productivity

The measure of efficiency in converting inputs into outputs, often gauged by the quantity of goods and services produced per unit of input.

Labor Productivity

A measure of economic performance calculated by dividing the total output by the number of hours worked.

Profit-Maximization

A company's goal to achieve the highest possible profit, where marginal revenue equals marginal cost.

Altruistic Motives

Altruistic motives are actions or behaviors driven by the desire to help others without expecting personal gain.