The Four Ps Do Not Include

question 49

Multiple Choice

The four Ps do not include

• A) product.
• B) practicality.
• C) placement.
• D) price.

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Definitions:

Fringe Benefits

Additional benefits, beyond a wage or salary, provided by an employer to their employees, such as health insurance, paid vacation, and retirement plans.

Manufacturing Jobs

Positions involved in the creation of products from raw materials or components, using various processes, tools, and machinery.

Centralized Decision-making

A decision-making process where major decisions are made by a small group of people or a single individual at the top of the organizational hierarchy.

Time-and-motion Studies

A business efficiency technique combining the timing of work tasks with a study of the motions required to perform them, used to increase productivity.