Post Utme Lautech 2018 Commerce Question 40

Practice objective / multiple choice question 40 from the 2018 Post Utme Lautech Commerce examination.

Post Utme Lautech 2018 Commerce Objective / Multiple Choice
Question 40 POST_UTME_LAUTECH • 2018 • COMMERCE • objective

A company's marketing mix is a combination of four elements: product, price, promotion, and place. Which of the following is NOT a characteristic of a product?

Answer Options

A. It is a tangible good.
Correct Answer B. It is a service.
C. It is a necessary good.
D. It is a luxury good.
Correct Answer
B
Correct Option:
It is a service.

About This Question

This is Post Utme Lautech 2018 Commerce Question 40. It is one of the objective questions from the 2018 Post Utme Lautech Commerce examination.

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