The Ability to Buy a Soda from a Vending Machine

question 66

Multiple Choice

The ability to buy a soda from a vending machine demonstrates which element of the marketing mix?

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

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Definitions:

Key Success Factors

Activities or factors that are key to achieving competitive advantage.

Country Level

Country level refers to the national scope or perspective, often used in analysis or data comparison across different nations.

Regional Levels

Geographic divisions within a country or area that are used for administrative, commercial, or political purposes, often influencing local economies and policies.

Location Strategy

The planning and decision-making process involved in choosing geographical locations for business operations.