TravelSmart Inc

question 91

Multiple Choice

TravelSmart Inc.offers a range of travel packages to tourist destinations across the world.The customers are charged according to the services provided during the tour.This allows the customers to choose a package proportionate to their income and requirements.Given this information, which of the following elements of a marketing mix is stressed upon by the company?

• A)Promotion
• B)Product
• C)Price
• D)Place
• E)Power

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Definitions:

Off the Shelf

A term used to describe products available for immediate purchase and use, without the need for customization.

Delayed Filings

Late submissions of required documents or reports to regulatory bodies or stakeholders, often subject to penalties.

Accredited Investor

A private investor who is allowed to accept private securities offerings under certain specific guidelines set by the SEC.

Sophisticated

Having a complex or nuanced understanding, often referring to a high level of experience or education.