Which of the Following Is Not a Benefit of a Marketing

question 25

Multiple Choice

Which of the following is not a benefit of a marketing strategy?

• A) Helps the business establish an image
• B) Helps insulate the business from negative economic impacts
• C) Allows the business to charge a higher price relative to competitors
• D) It minimizes the cost of goods sold

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Definitions:

Fixed Costs

Expenses that do not change in proportion to the activity of a business, such as rent, salaries, and insurance premiums.

Sales Commissions

Financial compensation awarded to sales personnel for meeting or exceeding sales targets, often a percentage of the sales they generate.

Materials

The physical substances or components needed to create a product or to carry out a service or process.

Price Inelastic

Describes a situation where the demand for a product or service is relatively unaffected by changes in its price.