Final answer:
Business is the ongoing process of acquiring, maintaining, and growing profitable customer associations by delivering unmatched value.
Step-by-step explanation:
Business is the ongoing process of acquiring, maintaining, and growing profitable customer associations by delivering unmatched value. Business is the ongoing process of acquiring, maintaining, and growing profitable customer associations by delivering unmatched value. It involves activities such as marketing, sales, customer service, and relationship management.
For example, a company may acquire new customers by implementing effective marketing strategies and campaigns. It then maintains these customer relationships by providing high-quality products and exceptional customer service. Finally, it focuses on growing its customer associations by continuously delivering value and meeting their evolving needs.