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marketing capability helps companies to improve the performance of the company. Kim and Joo (2013) argues that advertising is a marketing expense that was influential in improving the company's performance so that management tends to allocate resources for great advertising in order to increase the number of sales that will have an impact on increasing the company's value. In addition to advertising, promotion is also one of marketing activities in order to enhance the attractiveness of a product which is also believed to be able to increase the number of sales. New product development capability that is usually done by R & D allows companies to generate new products and services that can meet the needs of customers. So it can be inferred that the expenses for advertising, promotion and research & development is considered as a form of investment that impact is positive for the company.
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