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However, the school of thought around this facet of business that has arisen over the past several decades reveals a far more complicated and intricate world. “The formal study of marketing focused at first on the distribution and exchange of commodities and manufactured products and featured a foundation in economics. The first marketing scholars directed their attention toward commodities exchange, the marketing institutions that made goods available and arranged for possession, and the functions that needed to be performed to facilitate the exchange of goods through marketing institutions...
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