Post Utme Veritas University 2021 Commerce Question 12

Practice objective / multiple choice question 12 from the 2021 Post Utme Veritas University Commerce examination.

Post Utme Veritas University 2021 Commerce Objective / Multiple Choice

Question 12 POST_UTME_VERITAS_UNIVERSITY • 2021 • COMMERCE • objective

A firm's marketing mix consists of four main elements: product, price, promotion, and place. Which of the following is a correct example of a product element?

Answer Options

A. A firm's sales force is responsible for promoting its products to customers.

Correct Answer B. A firm's product is designed to meet the needs of a specific target market.

C. A firm's pricing strategy is determined by its cost structure and market conditions.

D. A firm's distribution channels are used to deliver its products to customers.

Correct Answer

Correct Option:

A firm's product is designed to meet the needs of a specific target market.

About This Question

This is Post Utme Veritas University 2021 Commerce Question 12. It is one of the objective questions from the 2021 Post Utme Veritas University Commerce examination.

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