ENTREPRENEURIAL MARKETING
MARKETING MIX
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Increased concern for the environment has led to higher demand for products produced from recycled materials. Businesses producing such products have the opportunity to:
|
|
Raise prices and extend their product range
|
|
|
Raise prices and reduce their product range
|
|
|
Reduce prices and extend their product range
|
|
|
Reduce prices and reduce their product range
|
Explanation:
Detailed explanation-1: -The more we recover and reuse products and materials instead of throwing them away, the less impact we have on our environment and the more sustainable our production and consumption practices become. This is an example of how recycling practices can lead to environmental sustainability.
Detailed explanation-2: -Recycling saves energy Using recycled materials in the manufacturing process uses considerably less energy than that required for producing new products from raw materials – even when comparing all associated costs including transport etc.
There is 1 question to complete.