The Element of the Marketing Mix That Describes a Means

question 223

Multiple Choice

The element of the marketing mix that describes a means of communication between the seller and buyer is

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

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Definitions:

Quantity Demanded

The cumulative quantity of a product or service that buyers are ready and capable of buying at a specific price.

Power

The capacity or ability to direct or influence the behavior of others or the course of events.

Exercised

Pertains to the act of utilizing or applying a right, option, or faculty, often in context but not limited to physical activities or financial options.

Power

The ability to influence or control the behavior of people or the course of events.