ENTREPRENEURIAL MARKETING
MARKETING MIX
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The product is the ____ that the business sells to customers.
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good or service
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place and promotion
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place and price
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None of the above
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Explanation:
Detailed explanation-1: -Merchandising Business They are known as “buy and sell” businesses. They make a profit by selling the products at prices higher than their purchase costs. A merchandising business sells a product without changing its form.
Detailed explanation-2: -Retailer. Definition: Owns or works for a retail store (this includes online stores). Store must sell more than one manufacturer’s brand or family of brands to consumers.
There is 1 question to complete.