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A company's mission is its fundamental purpose. It outlines the reason for its existence and what it aims to achieve. It serves as a guiding star for all company decisions and actions.
A company typically makes money by selling products or services to customers. This revenue is then used to cover operating costs, pay employees, invest in growth, and generate profit for shareholders.
A company's target market is the specific group of customers it aims to reach and serve. It is defined by factors such as demographics, interests, behaviors, and needs. Understanding the target market is crucial for effective marketing and product development.
