Which of the Following Is an Advantage Created by the Adoption

question 33

Multiple Choice

Which of the following is an advantage created by the adoption of the euro?

• A)European countries with previously weak currencies are more attractive markets.
• B)It is the last step necessary for the countries of Europe to act like a single entity.
• C)A homogeneous European market has been created.
• D)Countries outside of Europe no longer face trade obstacles within Europe.
• E)It has decreased the annual combined GDP.

---

Definitions:

Seven Ps

An extended marketing mix model that includes Product, Price, Place, Promotion, People, Process, and Physical evidence as its components.

Profitability

The ability of a company to generate earnings compared to its expenses and other relevant costs incurred during a specific period.

Seven Ps

An extension of the marketing mix that includes Product, Price, Place, Promotion, People, Process, and Physical Evidence, used to review and define key issues that affect the marketing of its products and services.

Marketing Mix

The set of actionable areas that a company uses to promote its brand or product in the market, traditionally identified as the 4Ps: Product, Price, Place, and Promotion.