Which Element of the Marketing Mix Is Affected When the Mandarin

question 44

Multiple Choice

Which element of the marketing mix is affected when the Mandarin Oriental hotel in New York increases its weekend rates to $795 per night?

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

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Definitions:

Work Hours

The specific times or period during which an individual is expected to perform job-related tasks.

Stay-at-Home Mom

A mother who chooses to not work outside the home to devote time to domestic responsibilities and child-rearing.

Working

Engaged in a job or employment for compensation, contributing to the economy or personal income.

Stay-at-Home Dad

A father who chooses to stay at home to care for his children and manage household tasks while his partner works outside the home for income.