When Asked to Discuss the Element of His Marketing Mix,the

question 104

Multiple Choice

When asked to discuss the element of his marketing mix,the artisan said,"My average total cost for making a small leaded glass window is $200,and I typically haggle with my customers.I feel that I have done well if I can earn $150 on each window I sell."

• A)distribution
• B)price
• C)promotion
• D)production
• E)cost

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Definitions:

Payroll Activities

The administrative tasks involved in processing employee pay, including calculation of wages, withholding taxes, and other deductions.

Computerized

Describing processes or systems that are executed or managed through computers.

Medium Organizations

Organizations that fall between small and large in size, often characterized by the number of employees, annual revenue, or other criteria.

Bottom-Up Approach

A strategy in management and decision-making that starts at the lower levels of the organization and moves upward, allowing input from employees at all levels.