Which of the Following Is NOT an Element of the Marketing

question 41

Multiple Choice

Which of the following is NOT an element of the marketing strategy for any given product?

• A) Competitive companies producing similar products
• B) The people most likely to buy the product
• C) The places where the product is sold
• D) Product discounts and rebates

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Definitions:

State Statutes

Written laws enacted by a legislative body at the state level.

Sole Proprietorship

A type of business entity that is owned and run by one individual, where there is no legal distinction between the owner and the business.

Benefit Corporation

A type of for-profit corporate entity, recognized by certain US states, that includes positive impact on society, workers, the community, and the environment in addition to profit as its legally defined goals.

Profit

In the context of real property, the right to enter onto another’s property and remove something of value from that property.