Which of the Following Is NOT One of the Traditional

question 23

Multiple Choice

Which of the following is NOT one of the traditional four P's of marketing?

• A) Product
• B) Place
• C) Position
• D) Price

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Definitions:

Partners

Individuals or entities who engage in business together with the goal of making a profit, sharing the profits and losses according to their agreement.

Partnership

A valid form of business collaboration that entails two or more individuals equally partaking in management and enjoying profits.

Close Corporation

A type of business corporation that is privately held, with a limited number of shareholders and restrictions on share transfers.

Shares

Units of ownership interest in a corporation or financial asset, providing a proportionate claim on the company's assets and profits.