Examlex
Identify the 4Ps in the following description: Ice Cream Nation markets 23 different varieties of ice cream in half-litre and one litre tubs at supermarkets in Australia and New Zealand.The half-litre tub sells for $2.95 and the larger size sells for $4.95.Periodically,Ice Cream Nation sets up stands in supermarkets to provide customers with free samples and gives them coupons for 50¢ off the one-litre tubs.Ice Cream Nation has just won a 'Clean Green' award for its environmentally friendly policies.
How might the 4Ps be changed to specifically appeal to children under the age of 8?
Gain From Trade
The benefit that arises from efficient allocation of resources, allowing parties involved to obtain goods or services they desire at a lower opportunity cost.
Condition
The current state or quality of an item, product, or entity, often used to describe something's appearance, functionality, or working order.
Specialize In Producing
The practice in which individuals, companies, or countries focus on the production of a limited scope of products or services to gain greater degrees of productive efficiency within an overall system.
Trade
The exchange of goods, services, or both between two or more parties, wherein each party benefits from the transaction.
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