To Be Effective, an Offer Must

question 12

Multiple Choice

To be effective, an offer must:

• A) be spoken directly to the offeree.
• B) always contain the price of the product or service offered.
• C) always contain the place of delivery.
• D) be communicated to the offeree.

Understand how marketing channels and supply chain management contribute to efficient distribution and customer satisfaction.

Recognize the importance of marketing communication in informing, persuading, and reminding potential buyers about a product or service.

Understand the historical evolution of marketing and its eras.

Identify and apply the four Ps of the marketing mix: product, price, place, promotion.

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Definitions:

Trust

The confidence in the integrity, ability, and character of an individual or organization.

Employee-Centred

An approach to management that focuses on creating a supportive work environment and prioritizing the needs and well-being of employees.

Social Relations

Interactions between individuals or groups that form the basis of social structure and contribute to social cohesion or conflict.

Work Standards

Established criteria or benchmarks that define the expected quality, productivity levels, and performance measures for specific tasks or jobs.