Price Is the Only Element in the Marketing Mix That

question 37

Short Answer

Price is the only element in the marketing mix that produces ________.
revenue
variable costs
expenses
fixed costs
stability

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Definitions:

Objectives

Specific, measurable, achievable, relevant, and time-bound goals set by an organization or individual to guide actions and measure performance.

Planning

The process of setting goals, defining strategies for achieving those goals, and developing plans to integrate and coordinate activities.

Coordination

The process of organizing people or groups so that they work together properly and well, essential for achieving goals and efficiently managing resources.

Flexibility

The ability of an organization or individual to adapt to changes and new demands in their environment effectively.