The correct answer to this question should be A communication channel
Answer: Perfect Competition
Explanation:
This is a situation prevailing in a market in which buyers and sellers are so numerous and well informed that all elements of monopoly are absent.
Answer:
One to one marketing
Explanation:
One to one marketing refers to that form of marketing wherein the seller's focus is upon identifying and satisfying individual customer needs and creating products of value, tailor made for satisfying those needs.
Under such form of marketing, the seller stresses upon knowing individual choices and preferences and then serving the customer needs on individual or one to one basis.
One to one marketing is of two forms, personalization and customization. Under the former, the seller recommends products to customers based upon their past purchase history.
Under customization , the company provides an option to the customers to get a product customized as per their requirement and needs.
