The Four Ps Are ________

question 88

Multiple Choice

The Four Ps are ________.

• A) price, product, place, and promotion
• B) price, profit, production, and possession
• C) product, production, possession, and promotion
• D) product, promotion, price, and profit
• E) place, production, process, and profit

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Definitions:

Q3

The third quartile in a data set, representing the value below which 75% of the data falls.

Q1

Stands for the first quartile in a data set, which is the median of the lower half of the data set.

Q2

Often refers to the median in the context of quartiles in descriptive statistics, which divides a data set into two equal parts.

Median

The middle value in a list of numbers, which separates the higher half from the lower half.