chapter 18- product and price Flashcards

1
Q

what is the marketing mix?

A

jf

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2
Q

what are the 4 P’s?

A

f

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3
Q

what are the 4 C’s?

A

red

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4
Q

what is CRM?

A

d

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5
Q

how can long term customer relationships be achieved?

A

gk

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6
Q

what is a USP?

A

c

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7
Q

what are the benefits of having a USP?

A

fdc

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8
Q

what is a brand?

A

fv

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9
Q

what are tangible and intangible attributes of a product?

A

c

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10
Q

what is product positioning?

A

f

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11
Q

what is product portfolio?

A

dk

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12
Q

what is product portfolio analysis?

A

fn

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13
Q

what is the product life cycle?

A

fkj

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14
Q

what are the uses of the product life cycle?

A

f

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15
Q

what are extension strategies?

A

vm

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16
Q

how does the product price level affect business?

A

fjkd

17
Q

what is price elasticity of demand?

A

jf

18
Q

what does 0 PED mean?

A

fj

19
Q

what does PED between 0 and 1 mean?

A

kfjdc

20
Q

what does unitary PED mean?

A

ed

21
Q

what does PED greater than 1 mean?

A

d

22
Q

what does PED infinity mean?

A

djkd

23
Q

what are the factors that affect PED?

A

ff

24
Q

what are the uses of PED?

A

kd

25
Q

what are the limitations of PED?

A

fd

26
Q

what are the factors that determine price?

A

djk