Which of the following accurately represents the 4 Ps of the marketing mix?

A. product, price, promotion, and perception
B. product, price, place, and promotion
C. production, promotion, profit, and participation
D. perception, preference, participation, and payment
E. promotion, place, profit, and preference


Answer: B

Business

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A) $400 B) $2,000 C) $4,000 D) $6,500 E) $10,000

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The gross margin-based price is computed by adding total production costs per unit to the total production costs per unit times the gross margin markup percentage

Indicate whether the statement is true or false

Business

Ethical organizations have responsibilities to society. They are economic, legal, ethical, and philanthropic. Describe what is meant by each type and give details of a real example in your community.

What will be an ideal response?

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Indicate whether the statement is true or false

Business