Marketing

The 4 P's of marketing are

• Product, Price, Promotion, and Passion

• Product, Price, Promotion, and Place

• Price, Promotion, Production, and Place

• Product, Price, Protecting, and Place

An item that satisfies a need or want

• Product

• Price

• Promotion

• Place

Products are divided into physical goods and intangible services and ideas.

• True

• False

You can see and touch

• Services

• Goods

• Ideas

Provided for you by other people

• Goods

• Services

• Ideas

Provide information

• Goods

• Services

• Ideas

A group of customers that the business is aiming for

• Target Practice

• Product Market

• Target Market

• Target Consumers

What the customer pays for the product or service

• Product

• Place

• Promotion

• Price

Profit is the amount you are making after

• Subtracting the production cost from the selling price

• Subtracting the selling price from the production cost

• Adding the selling price to the production cost

• Subtracting the price from the production cost

The cost of making an item is

• profit

• selling price

• production cost

• price of item