ENTREPRENEURIAL MARKETING
MARKETING MIX
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The amount of money charged and/or the sum of values that consumers exchange for the benefits of having or using the product
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Sell
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Price
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Product/Service Management
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Promotion
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Explanation:
Detailed explanation-1: -In the narrowest sense, price is the amount of money charged for a product or a service. More broadly, price is the sum of all the values that customers give up to gain the benefits of having or using a product or service.
Detailed explanation-2: -Bartering is based on a simple concept: Two individuals negotiate to determine the relative value of their goods and services and offer them to one another in an even exchange.
Detailed explanation-3: -What is Price? Price is the amount of money charged for a product or service. The sum of all the values that consumers give up in order to gain the benefits of having or using a product or service.
There is 1 question to complete.