Asked by Sandi Baker on Feb 18, 2024
Verified
With which of the 4 Ps is the question "What is the value of my offering?" associated?
A) price
B) product
C) place
D) promotion
A) price
B) product
C) place
D) promotion
- Analyzing the relationship between value and the other elements of the marketing mix.
- Understanding the importance of determining the value of an offering in relation to the 4 Ps of marketing.
- Recognizing the role of value in the marketing mix.
Verified Answer
LB
Leslie Becerra
Feb 18, 2024
Final Answer :
A
Explanation :
The question "What is the value of my offering?" is associated with "price" because it involves determining the monetary amount customers are willing to pay for a product or service, reflecting its value to them.
Learning Objectives
- Analyzing the relationship between value and the other elements of the marketing mix.
- Understanding the importance of determining the value of an offering in relation to the 4 Ps of marketing.
- Recognizing the role of value in the marketing mix.