1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jek_recluse [69]
3 years ago
6

The price component of a marketing mix is:

Business
1 answer:
Murljashka [212]3 years ago
7 0

Answer: the correct answer is a. a competitive weapon for companies

Explanation:

Pricing has an important role as a competitive weapon to help a business exploit market opportunities. Pricing also has to be consistent with the other elements of the marketing mix, since it contributes to the perception of a product or service by customers.

You might be interested in
State two differences between savings and investment
Lana71 [14]

Answer:

Savings: is setting aside money so you dont need to spend your money for anything, only for emergeincies. Investment: is when you are buying stocks or bonds your are making an investment.

7 0
3 years ago
Read 2 more answers
19. Because IMs are personalized, you may want to use them in ways that reflect your own personality rather than the norms of bu
julsineya [31]

Answer and Explanation:

This is not true. Since, instant messages require prompt communication many people think that it could be used causally. Which is false. In a business organization it is vital that you follow the standard operating procedure as well as follow the formal way of communication. Especially when it comes to communication through email.

5 0
3 years ago
Which statement best describes a pure market economy?
natulia [17]

C. The decisions made by producers and consumers drive all economic choices.

5 0
3 years ago
Read 2 more answers
An ad in the newspaper claims that the price of milk will increase next week. At the same time, a new and improved pasteurizatio
Pepsi [2]

Equilibrium quantity will increase; the effect on price is ambiguous.

<h3><u>Explanation:</u></h3>

When there is a situation in which the supply and the demand for any product is equal then it is said to be Equilibrium quantity. When there is an intersection where the supply and demand curves meets each other it give rise to the state of equilibrium.

In the given example, there are two cases such as the price of the milk will rise which is published in newspaper and the production efficiency of the milk is improved with a new and improved pasteurization process. From these two effects we can conclude that Equilibrium quantity will increase; the effect on price is ambiguous.

5 0
2 years ago
A tour operator could be liable for describing an experience that doesn't actually happen.
Hatshy [7]
I think it would be false
4 0
2 years ago
Other questions:
  • Internal users of financial information: Multiple Choice Are not directly involved in operating a company. Are those individuals
    5·1 answer
  • How to archive older page on wayback archivemachine?
    15·1 answer
  • To protect certain fledgling industries, the government of country Z banned imports of the types of products those industries we
    14·2 answers
  • Consider a numerical example using the Solow growth model. Suppose that F(K,N) = K^ 0.5N^ 0.5, with d = 0.1, s = 0.2, n = 0.01,
    12·1 answer
  • A business selling a single service or product needs to indicate as such on the Item List or in the Easy Step Interview.
    6·1 answer
  • A drought in California destroys many red grapes. As a result of the drought, the consumer surplus in the market for red grapes
    7·1 answer
  • Who can help me write at least 10 interview questions to ask a manager
    14·2 answers
  • The __________ rate tells you how much one unit of currency is worth when converted to another currency.
    14·1 answer
  • B. Write five importance of budget.?​
    15·1 answer
  • Lindsey Company uses activity-based costing. The company has two products: A and B. The annual production and sales of Product A
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!