Jeff Is Going to Sell Sporting Apparel,which He Has Already

question 92

Multiple Choice

Jeff is going to sell sporting apparel,which he has already purchased from manufacturers,and has signed a deal agreeing to the volume he would sell monthly.He has researched his competition and talked to some customers and has decided on prices he will charge.Jeff has also developed a plan for promoting his business.Based on this description,which element of the marketing mix does Jeff still need to work on?

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

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Definitions:

Control Phase

A stage in process management or project management where performance is monitored and compared against planned goals to identify and implement corrective actions.

Assign Tasks

The process of allocating specific duties or responsibilities to individuals or teams within an organization.

Nonfinancial Performance

Measures of an organization's success not directly related to financial gains, such as customer satisfaction, employee engagement, and environmental impact.

GAAP or IFRS

Standards and principles that provide the framework for financial accounting and reporting, with GAAP used in the United States and IFRS internationally.