Which of the Following Would Be Considered Part of a Firm's

question 154

Multiple Choice

Which of the following would be considered part of a firm's marketing mix?

• A) Identifying the best source of funds to finance a firm's marketing activities
• B) Determining the best pricing strategy for a product
• C) Establishing a production schedule that enables the firm to meet forecasted sales
• D) Designing the most efficient production plan

---

Definitions:

Auto Salvage

The business of dismantling wrecked or decommissioned vehicles to sell their usable parts, often involving recycling processes.

Output

The amount of something produced by a person, machine, business, or industry.

Labor Hour

A unit of work or productivity measurement that equates to one hour of labor performed by an employee.

Operating System

The software that manages a computer's hardware and software resources, providing common services for computer programs.