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Chapter 8 - Austin Community College
Chapter 8 - Austin Community College

... Goods like tennis racquets, tuxedos, or tomatoes can be produced, stored, and then sold to customers. Services, on the other hand, are typically produced and consumed simultaneously. The difficulty of standardizing services, especially when they are delivered by people, has important implications fo ...
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... Review the website on a regular basis and ensure that it provides factually correct and up to date information. Assist in the sending of the monthly e-newsletter Assist in writing and editing the twice-yearly newsletter Treetops Today Assist clinical services with the development of a variety of inf ...
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... programs to personal accounts. Societal marketing; it holds that the organization’s tasks are to determine the wants, interests, and needs of the targeted market and also to deliver satisfaction more efficiently than its competitors and by this preserving or enhancing social, ethical and also ecolog ...
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... ads and solicitations. Telemarketers continue to aggressively pursue new business. Infomercials , despite their advances in sophistication, are still offering “psychics”, “amazing discoveries” and other offerings that many perceive as being questionable if not deceptive. The Internet contains pornog ...
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... competencies that sets the enterprise apart • The marketing manager can perform an internal audit (or external audit among suppliers, current customers, or past customers) to evaluate perceived and real strengths and weaknesses; these competencies should be reflected as benefits • Their contention w ...
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Multi-level marketing

Multi-Level Marketing (MLM) is a marketing strategy in which the sales force is compensated not only for sales they generate, but also for the sales of the other salespeople that they recruit. This recruited sales force is referred to as the participant's ""downline"", and can provide multiple levels of compensation. Other terms used for MLM include pyramid selling, network marketing, and referral marketing. According to the US FTC, some MLM companies constitute illegal pyramid schemes which exploit members of the organization.MLM is one type of direct selling. Most commonly, the salespeople are expected to sell products directly to consumers by means of relationship referrals and word of mouth marketing. MLM salespeople not only sell the company's products but also encourage others to join the company as a distributor.Companies that use MLM models for compensation have been a frequent subject of criticism and lawsuits. Criticism has focused on their similarity to illegal pyramid schemes, price fixing of products, high initial entry costs (for marketing kit and first products), emphasis on recruitment of others over actual sales, encouraging if not requiring members to purchase and use the company's products, exploitation of personal relationships as both sales and recruiting targets, complex and exaggerated compensation schemes, the company and/or leading distributors making major money off training events and materials, and cult-like techniques which some groups use to enhance their members' enthusiasm and devotion.
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