Element of the Marketing Mix Demonstrated When an Art Gallery

question 120

Multiple Choice

element of the marketing mix demonstrated when an art gallery suggests a $2.00 donation at the door is __________.

• A) philanthropy
• B) place
• C) product
• D) promotion
• E) price

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Definitions:

Basic Research

Fundamental investigation into the principles and reasons behind observable phenomena, without immediate application towards solutions.

Replication

The process of repeating a study or experiment to verify its findings or to ensure accuracy.

Description

A detailed account or explanation of something, providing characteristics or features.

Later Income

Future earnings or revenue streams anticipated or planned for in subsequent periods of time.