BUSINESS ADMINISTRATION
MARKETING MANAGEMENT
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Detailed explanation-1: -What are the 5 Cs of credit? Lenders score your loan application by these 5 Cs-Capacity, Capital, Collateral, Conditions and Character. Learn what they are so you can improve your eligibility when you present yourself to lenders.
Detailed explanation-2: -Search qualities are the attributes that may be evaluated prior to purchase, as the customer learns about the competitive offerings. For example, when you go to a department store to purchase socks, you can just look at a pair and know before buying them whether you’ll like them.
Detailed explanation-3: -The definition of a company’s core business is like asking for its mission statement. true. The central element of what is purchased is called the “core, ” and anything bought on top of that is called the “value-addeds."
Detailed explanation-4: -What Is a Customer? A customer is an individual or business that purchases another company’s goods or services. Customers are important because they drive revenues; without them, businesses cannot continue to exist.