Apple Has Benefitted from Technological Advances in Distributing Songs Over

question 10

Multiple Choice

Apple has benefitted from technological advances in distributing songs over the Internet via its iTunes store, rather than establishing-brick and-mortar venues to sell music.This is an example of which element of the marketing mix?

• A)Price
• B)Distribution
• C)Product
• D)Promotion

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Definitions:

Test And Learn

A method that involves experimenting with ideas to gather data and insights for making informed decisions.

Experimentation

The process of conducting trials to test hypotheses, explore new ideas, or validate the effects of changes.

Established Companies

Firms that have been in business for a significant period and have developed a stable, profitable business model.

MVP

Stands for Minimum Viable Product, which is the version of a new product that allows a team to collect the maximum amount of validated learnings about customers with the least effort.