chapter 18- product and price Flashcards
what is the marketing mix?
jf
what are the 4 P’s?
f
what are the 4 C’s?
red
what is CRM?
d
how can long term customer relationships be achieved?
gk
what is a USP?
c
what are the benefits of having a USP?
fdc
what is a brand?
fv
what are tangible and intangible attributes of a product?
c
what is product positioning?
f
what is product portfolio?
dk
what is product portfolio analysis?
fn
what is the product life cycle?
fkj
what are the uses of the product life cycle?
f
what are extension strategies?
vm
how does the product price level affect business?
fjkd
what is price elasticity of demand?
jf
what does 0 PED mean?
fj
what does PED between 0 and 1 mean?
kfjdc
what does unitary PED mean?
ed
what does PED greater than 1 mean?
d
what does PED infinity mean?
djkd
what are the factors that affect PED?
ff
what are the uses of PED?
kd
what are the limitations of PED?
fd
what are the factors that determine price?
djk