Business management Marketing

What are markets?

marketing is important as it: can [blank_start]attract[blank_end] new customers, allow the business to [blank_start]enter[blank_end] new markets, help the business [blank_start]grow[blank_end], and [blank_start]increase[blank_end] profit.

Markets can be segmented in a number of ways.

Select which of these are ways to segment a market.

The [blank_start]four[blank_end] P's of marketing are product, price, [blank_start]promotion[blank_end] and place.

The price charged is lower than that of the competition. [blank_start]Low price.[blank_end] The price charged is higher than that of the competition. [blank_start]High price.[blank_end] The price charged is lower than normal for a short period of time. [blank_start]Promotional pricing[blank_end] The cost of making the product is calculated before a percentage is added. [blank_start]Cost-plus pricing[blank_end] The price charged makes the customer believe it is cheaper than it actually is. [blank_start]Psychological pricing[blank_end]

Delivery by road is more expensive than other methods

Air transport is