chapter 18- product and price Flashcards
what is the marketing mix?
jf
what are the 4 P’s?
f
what are the 4 C’s?
red
what is CRM?
d
how can long term customer relationships be achieved?
gk
what is a USP?
c
what are the benefits of having a USP?
fdc
what is a brand?
fv
what are tangible and intangible attributes of a product?
c
what is product positioning?
f
what is product portfolio?
dk
what is product portfolio analysis?
fn
what is the product life cycle?
fkj
what are the uses of the product life cycle?
f
what are extension strategies?
vm
how does the product price level affect business?
fjkd
what is price elasticity of demand?
jf
what does 0 PED mean?
fj
what does PED between 0 and 1 mean?
kfjdc
what does unitary PED mean?
ed
what does PED greater than 1 mean?
d
what does PED infinity mean?
djkd
what are the factors that affect PED?
ff
what are the uses of PED?
kd