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While the Competitors of Premium Airlines Cater to Both the Business

question 94

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While the competitors of Premium Airlines cater to both the business and economy class customers along with the executive class customers,the company aims at focusing all its service efforts on customers who prefer to travel in style and comfort.Hence,the firm's airplanes only have executive seats.This is an example of a(n) _____ marketing strategy.


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Balanced Entry

An accounting entry where the sum of debits equals the sum of credits, maintaining the balance of the accounting equation.

Owner's Capital

The amount of equity a business owner has invested in the firm plus any profits retained in the business.

Revenues

The income generated from normal business operations and other activities.

Business Documents

Written records that provide evidence of business transactions, agreements, and other business activities.

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