After Performing an STP Analysis,marketers Implement ____________ for Each Target

question 87

Multiple Choice

After performing an STP analysis,marketers implement ____________ for each target market.

• A) pricing strategies
• B) promotion strategies
• C) place strategies
• D) product strategies
• E) all of these

---

Definitions:

Pay Phone Industry

The business sector involved in providing public telephones that operate with the insertion of coins or by credit card payments.

Unitary Elastic

In economics, it describes a situation where a change in the price of a good or service results in a proportional change in the quantity demanded or supplied.

Demand Curve

A graph showing the relationship between the price of a good and the quantity demanded by consumers at each price level.

Product

Any good, service, or idea that can be offered to a market to satisfy a want or need.