Price Is the Most Important of the Four Ps

question 241

True/False

Price is the most important of the four Ps.

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Definitions:

Implied Warranty

A legal assumption that a product will meet certain standards of quality and reliability without being explicitly stated.

Confusing

Something that is difficult to understand or makes one perplexed.

Implied Warranty

A legal doctrine that guarantees that a product or service will meet certain minimum standards of quality and functionality, even if not expressly stated.

Assurances

Statements or actions intended to provide confidence or certainty about a condition or result.