Commercial Applications
…………… determines the sales volume and the profit margins.
- Price
- Place
- People
- Promotion
Marketing Mix
1 Like
Answer
Price
Reason — Price determines largely the sales volume and profit margins. Price structure affects the competitive position and market share of the firm. A firm cannot succeed if its prices are too low or too high.
Answered By
3 Likes
Related Questions
The main aim of penetrating pricing is to:
- Provide funds for expansion
- Maximize the market share
- Provide a reasonable return on capital
- Avoid price wars
One of the additional elements of marketing mix of services is ……………
- Price
- Place
- People
- Promotion
Marketing Mix represents the …………… of an enterprise.
- Total marketing program
- Total selling program
- Promotion techniques
- Total distribution plan
Choose the correct sequence of the product Life Cycle.
- Introduction > Growth > Maturity > Decline > Abandonment
- Introduction > Maturity > Growth > Decline > Abandonment
- Introduction > Growth > Maturity > Abandonment > Decline
- Introduction > Maturity > Growth > Abandonment > Decline