JeMarcus Is Going to Sell Sporting Apparel, Which He Has

question 80

Multiple Choice

JeMarcus is going to sell sporting apparel, which he has already purchased from manufacturers, and has signed a deal agreeing to the volume he will sell monthly. He has researched his competition, talked to some customers, and decided on prices he will charge. JeMarcus has also developed a plan for promoting his business. Based on this description, which element of the marketing mix does JeMarcus still need to work on?

• A)place
• B)product
• C)price
• D)promotion
• E)planning

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Definitions:

Standard Deviation

A metric that quantifies the range of diversity or distribution of a series of values.

P-value

The probability of test results being at least as extreme as the observed outcomes, under the belief that the null hypothesis is factual.

Battery Pack

A collection of battery cells or batteries grouped together in a single casing, supplying electric power to a device.

Functioning Time

The duration for which a system or device operates effectively without failure.