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The father of Scientific Management was
Marketing Mix
The combination of factors that can be controlled by a company to influence consumers to purchase its products, typically summarized as product, price, place, and promotion.
Promotional Allowances
Financial incentives provided to retailers or distributors by manufacturers or service providers to push additional sales of a product or service.
Definition of "Place"
In marketing, the definition of "place" involves the distribution channels or locations where a product is made available to consumers.
Wholesalers
Businesses that buy large quantities of products from manufacturers or other suppliers and then sell smaller quantities to retailers or other businesses.
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