Asked by

Mariel Bruintjes
on Nov 20, 2024

verifed

Verified

Unlike product, promotion, or place, price is the only part of the marketing mix

A) that offers the opportunity for an oligopoly.
B) that is subject to gray market manipulation.
C) that leads to competition.
D) that generates revenue.
E) that is determined by the consumer.

Marketing Mix

A framework used by marketers to analyze and implement the four critical aspects of marketing: product, price, place, and promotion.

Generates Revenue

The process of creating income for a business or organization through various activities such as selling goods, services, or other assets.

  • Understand the function of pricing within the marketing mix and its distinct feature of producing income.
verifed

Verified Answer

RS
Rahul ShendeNov 26, 2024
Final Answer:
Get Full Answer