Price is an important factor in the marketing mix for all of the following reasons except
A) it affects product image.
B) it is very flexible.
C) it directly affects revenue and profits.
D) it is the most visible element in the firm's marketing mix.
E) it requires long-term commitments with other members of the supply chain.
Correct Answer:
Verified
Q24: Which of the following is the most
Q29: When a company sets a low price
Q30: How are products classified according to their
Q31: Private distributor brands
A) are identified by manufacturer.
B)
Q32: Maximizing profits and sales,boosting market share,maintaining the
Q33: Pricing objectives are influenced solely by marketing
Q34: Price discounts are often employed to boost
Q36: Price is the most flexible variable in
Q37: Identify and describe the stages in the
Q40: _ encourages consumers to make purchases based
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents