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There Are Seven Basic Functions of Marketing: Customer Analysis, Selling

question 73

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There are seven basic functions of marketing: customer analysis, selling, product and service planning, pricing, distribution, marketing research and opportunity analysis.


Definitions:

Object-relations School

A psychoanalytic theory focusing on relationships with others and the external and internal objects people form attachments to, shaping personality.

Rigid Boundaries

Strict limits set in relationships or systems that are difficult to adjust or cross.

Heritability

A statistical estimate of the proportion of observed variation in a particular trait among individuals in a population that is due to genetic differences.

Statistical Estimate

A value derived from statistical analysis that provides an approximation of a population parameter based on sample data.

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