Provide an Appropriate Response

question 24

Multiple Choice

Provide an appropriate response.
-Consider the selection of seven apples from a barrel of 75 apples. Is this a combination, a permutation, or neither?

• A)Combination
• B)Permutation
• C)Neither

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Definitions:

Qualified Prospects

Potential customers who have been evaluated and deemed likely to be interested in a company's product or service based on specific criteria.

Customer Base

The group of consumers who regularly purchase the goods or services of a business, forming the foundation of the company's revenue.

Marketing Mix

Refers to the set of actions, or tactics, that a company uses to promote its brand or product in the market. The 4Ps make up a typical marketing mix - Product, Price, Place, and Promotion.

Four Ps

A marketing mix model that encompasses Product, Price, Place, and Promotion, used by businesses to effectively market their goods and services.