BUSINESS ADMINISTRATION
MARKETING MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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non of them
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The goods and service combination the business offers to the market
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Main methods are truck, rail, ship, or air
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Detailed explanation-1: -The combination of a product and a service is a product-service hybrid.
Detailed explanation-2: -What are Products and Services? A product is a tangible item that is put on the market for acquisition, attention, or consumption, while a service is an intangible item, which arises from the output of one or more individuals.
Detailed explanation-3: -Goods and services often work together. For example, a consumer who purchases gasoline for their car also pays for the processing and transportation of that gasoline. In this case, the gasoline is the good and the processing and transportation is the service.
Detailed explanation-4: -The four Ps of marketing: product, price, place and promotion. The marketing mix can be divided into four groups of variables commonly known as the four Ps: Product: The goods and/or services offered by a company to its customers. Price: The amount of money paid by customers to purchase the product.