Using the 4 C's, we consider a variety of costs associated with the purchase of a product. Cost in the Four C's model is similar to ________using the Four Ps. a). price b). place c). promotion d). product

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09-12-2022
Business

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Using the 4 C's, we consider a variety of costs associated with the purchase of a product. Cost in the Four C's model is similar to ________using the Four Ps. a). price b). place c). promotion d). product

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Qwrat Qwrat · Answer 1 · 2022-12-16T17:21:12+01:00

We take into account a range of expenses related to the purchasing of a product using the 4 Cs. The Four C's model of cost is similar to price using the Four Ps.

The four Ps of product, pricing, place, and promotion allude to the goods your business sells and how to convince customers to buy them. Stakeholders, costs, communication, and distribution channels are all various facets of how your business operates and are collectively referred to as the "4Cs."

Pricing experts frequently employ the four Cs to define a price: the consumer, costs, competition, and constraints. The ideas center on the consumer's requirements and wants, the expense of meeting those needs and wants, and the ease of purchasing the goods. The marketing mix is another name for the four Cs.