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Match Each Item to the Statement or Sentence Listed Below

Question 236

Short Answer

Match each item to the statement or sentence listed below.
a.marketing mix
b.benchmarking
c.product
d.convenience product
e.shopping product
f.specialty product
g.product line
h.product mix
i.unsought product
j.maturity stage
k.raw materials
l.total quality management
m.product life cycle
n.installations
o.services
p.impulse goods
q.wholesaler
r.business-to-business (B2B)
s.supplies
t.emergency goods
u.component parts
v.staples
w.line extension
-Firms often rely on _____ to set performance standards and achieve superior performance, resulting in a competitive advantage in the marketplace.

Correct Answer:

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