Among the Four Ps of Marketing, the Component That Informs

question 65

Multiple Choice

Among the four Ps of marketing, the component that informs, persuades, and reminds potential buyers about a product or service to influence their opinions or elicit a response is the component of:

• A)people.
• B)price.
• C)place.
• D)product.
• E)promotion.

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Definitions:

Automobile Transportation

The transportation of passengers or goods by vehicles designed for travel on roads.

Seatbelt

A safety device designed to secure the occupant of a vehicle against harmful movement that may result during a collision or a sudden stop.

Gasoline

A petroleum-derived liquid mixture, primarily used as fuel in internal combustion engines.

Dynamic Inefficiencies

Inefficiencies in an economy or market that arise over time, often due to poor investment decisions or policies that hinder adaptation to new technologies or market conditions.