Promotion is typically the easiest marketing mix element to change.
Answer the following statement true (T) or false (F)
False
Pricing is typically the easiest marketing mix element to change, making it a powerful tool for firms looking to quickly adjust their market share or revenue.
You might also like to view...
Caron signed a contract with Devon allowing her to provide services using Devon's trademark, logo, and business model. This business is a(n)
A. franchise. B. franchisor. C. franchisee. D. independent business.
A(n) ______________________________is a form of payment authorizing the collector to transfer funds electronically from the payer's bank account to the collector's bank account.
Fill in the blank(s) with the appropriate word(s).
Which of the following statements regarding supply chain synchronization using kanbans is BEST?
A) An interruption in the flow of goods within a supplier's assembly operations will have no effect on final assembly downstream in the supply chain. B) For the system to work properly, demand rates must be relatively stable and interruptions must be minimized. C) If final assembly demand doubles, there is no need to change kanbans at each of the suppliers. D) Final assembly demand may rise or fall, but the sum of the kanbans among all suppliers in the supply chain will remain constant.
Steve sold his canoe to his neighbor Rhonda and she paid him $300. Steve then tells Rhonda, "I'll put the canoe in my driveway and you can pick it up any time tomorrow." Steve retains risk of loss until Rhonda picks up the canoe
Indicate whether the statement is true or false