Which of the Following Marketing-Mix Elements Is Best Referred to as a Bundle

question 122

Multiple Choice

Which of the following marketing-mix elements is best referred to as a bundle of benefits or values that satisfies the needs of consumers?

• A)price
• B)promotion
• C)people
• D)product
• E)process

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Definitions:

Just Cause

A legal standard used to determine whether an employer's action of disciplining or dismissing an employee is justified based on the employee's conduct.

Employees' Rights

Legal rights afforded to employees, including fair wages, safe working conditions, and freedom from discrimination.

Unilateral Grievance

A grievance procedure initiated by one party, either the employer or employee, without the need for mutual agreement or negotiation.

Resolution Method

A systematic approach used to resolve conflicts or problems, often involving negotiation or formal procedures.