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Product Features, Price, Communications, Distribution, and Services Together Are Often

question 36

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Product features, price, communications, distribution, and services together are often referred to as customer value.


Definitions:

Corporate Elites

Refers to the highest-ranking officials and decision-makers within corporations, often perceived as possessing significant influence over national and international policies.

Lobbying

The act of attempting to influence decisions made by officials in the government, often by different interest groups.

Federal Government

A system of government where power is divided between a national (federal) government and various regional governments.

Astroturf Lobbying

A political strategy that simulates grassroots support for an issue, often sponsored by corporations or interest groups to create the appearance of widespread public backing.

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