The Price Component of a Marketing Mix Is

question 39

Multiple Choice

The price component of a marketing mix is:

• A)a competitive weapon for companies.
• B)decided after the promotion strategies are finalized.
• C)the starting point of the marketing mix.
• D)the least flexible element of the marketing mix.

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Definitions:

Task-oriented

An approach or attitude focused primarily on accomplishing tasks or goals efficiently.

Learning Strategies

Techniques, methods, or plans of action designed to facilitate the acquisition, understanding, and retention of knowledge or skills.

Individualized Educational Program

An Individualized Educational Program (IEP) is a customized plan designed to meet the unique educational needs of a child with a disability, as defined under U.S. law.

Acronym

A shortened form of a phrase or group of words, where the letters typically stand for the initial components of the words in the phrase.