Question: To consumers, value is based upon: a. ability to get a discount on a product. b. the absolute monetary value of price. c. perceived satisfaction.

To consumers, value is based upon:

a. ability to get a discount on a product.

b. the absolute monetary value of price.

c. perceived satisfaction.

d. the steadiness of price over a period of time.

_____ is the element in the promotional mix that evaluates thepublic's attitudes, identifies issues that may elicit theirconcern, and executes programs to gain their understanding andacceptance.

a. Cooperative advertising

b. Personal selling

c. Sales promotion

d. Public relations

Step by Step Solution

3.50 Rating (157 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

1 C is the correct answer Consumers values are based upon perceived satisfaction As we well kn... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!