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Questions and Answers
What is the term used to describe the four key elements that businesses use to promote and sell their products or services?
What is the term used to describe the four key elements that businesses use to promote and sell their products or services?
- 4 P's (correct)
- 4 C's
- Business Strategy
- Marketing Mix
Which of the following is NOT one of the 4 P's of Marketing?
Which of the following is NOT one of the 4 P's of Marketing?
- Promotion
- Quantity (correct)
- Product
- Price
What is the primary goal of the 'Place' element in the 4 P's of Marketing?
What is the primary goal of the 'Place' element in the 4 P's of Marketing?
- To get the product to the customer (correct)
- To create a product that meets customer needs
- To set a price that maximizes profit
- To promote the product effectively
Which industry is focused on providing accommodations, food, and other services to customers?
Which industry is focused on providing accommodations, food, and other services to customers?
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What is the primary goal of the retail industry?
What is the primary goal of the retail industry?
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