The Element of the Marketing Mix That Describes a Good

question 75

Multiple Choice

The element of the marketing mix that describes a good, service, or idea to satisfy consumers' needs is known as

• A) the product.
• B) the industry.
• C) promotion.
• D) the place or distribution.
• E) a market segment.

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Definitions:

Consumer-To-Consumer

A business model where consumers trade, sell, or buy goods and services directly with each other, typically facilitated by an online platform.

E-Commerce

The buying and selling of goods and services through the internet, encompassing a wide array of online business activities, including online retailing.

Credit Card

A plastic card issued by a financial institution that allows the holder to borrow funds at the point of sale, subject to repayment with interest.

Formatting Toolbar

A toolset in software applications that provides quick access to formatting commands for text and objects.