- Quality, value, and service mean the standard by which something is judged in comparison to other similar items; the level of service quality.
- Market orientation is a company strategy that focuses on recognizing and satisfying customers’ needs and desires through the creation of products and services.
- Entry strategy is a means of distributing and delivering goods or services to a new target market that has been carefully prepared.
- A customer service package is a comprehensive description of an IT service that can be supplied to clients.
- Market position – a purposeful effort that we employ to develop a brand’s or product’s image in the minds of consumers.
- Chilled offer – an offer with one or more limits on transactions involving particular security.
- Efficiencies of scale – When a company’s production gets more efficient, it gains cost advantages since costs may be spread out over a larger number of commodities.
Explain what is meant by the following words and phrases: quality, value and service, market orientation, entry strategy, customer service package, market position, chilled offer, and efficiencies of scale.
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Academic.Tips. (2023) 'Explain what is meant by the following words and phrases: quality, value and service, market orientation, entry strategy, customer service package, market position, chilled offer, and efficiencies of scale'. 7 February.
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Academic.Tips. (2023, February 7). Explain what is meant by the following words and phrases: quality, value and service, market orientation, entry strategy, customer service package, market position, chilled offer, and efficiencies of scale. https://academic.tips/question/explain-what-is-meant-by-the-following-words-and-phrases-quality-value-and-service-market-orientation-entry-strategy-customer-service-package-market-position-chilled-offer-and-efficiencies-of/
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Academic.Tips. 2023. "Explain what is meant by the following words and phrases: quality, value and service, market orientation, entry strategy, customer service package, market position, chilled offer, and efficiencies of scale." February 7, 2023. https://academic.tips/question/explain-what-is-meant-by-the-following-words-and-phrases-quality-value-and-service-market-orientation-entry-strategy-customer-service-package-market-position-chilled-offer-and-efficiencies-of/.
1. Academic.Tips. "Explain what is meant by the following words and phrases: quality, value and service, market orientation, entry strategy, customer service package, market position, chilled offer, and efficiencies of scale." February 7, 2023. https://academic.tips/question/explain-what-is-meant-by-the-following-words-and-phrases-quality-value-and-service-market-orientation-entry-strategy-customer-service-package-market-position-chilled-offer-and-efficiencies-of/.
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Academic.Tips. "Explain what is meant by the following words and phrases: quality, value and service, market orientation, entry strategy, customer service package, market position, chilled offer, and efficiencies of scale." February 7, 2023. https://academic.tips/question/explain-what-is-meant-by-the-following-words-and-phrases-quality-value-and-service-market-orientation-entry-strategy-customer-service-package-market-position-chilled-offer-and-efficiencies-of/.
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