An occurs when Kirin Albers trades Max Lynch three hours of babysitting Maxs

An occurs when kirin albers trades max lynch three

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43) A(n) ________ occurs when Kirin Albers trades Max Lynch three hours of babysitting Max'sthree-year-old daughter in exchange for Max fixing the hole in Kirin's porch roof. A) differential benefitB) promotionC) exchange D) collaborative consumption E) virtual trade Answer: CDifficulty: ModerateLO: 1.1: Explain what marketing is, the marketing mix, what can be marketed and the value of marketingAACSB: Analytical thinking
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44) Two teachers purchased art supplies for their classes. One paid $103.45 for eight large boxes of crayons. The other teacher purchased ten identical boxes for $105.55. The second teacher got more for her money because she took advantage of a quantity discount, a reduced price for buying ten or more boxes. Which element of the marketing mix most directly relates to these purchases? 45) Conveniently located vending machines around your college or university campus make it easy for you to buy a soda and a snack between classes. This is an example of the ________ element of the marketing mix. 46) Susannah owns a one-bedroom apartment in Manhattan that she posts for short-term weekend and summer rentals on airBnB when she plans to be out of town. This is an example of ________.
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47) The principles of marketing can apply to people, just as they apply to goods and services.Answer: TRUEDifficulty: ModerateLO: 1.1: Explain what marketing is, the marketing mix, what can be marketed and the value of marketing48) The term "marketing" is synonymous with the term "advertising."Answer: FALSEDifficulty: ModerateLO: 1.1: Explain what marketing is, the marketing mix, what can be marketed and the value of marketingAACSB: Written and oral communication49) Marketers define a need as the difference between a consumer's actual state and some ideal or desired state. Answer: TRUEDifficulty: EasyLO: 1.1: Explain what marketing is, the marketing mix, what can be marketed and the value of marketing50) Although having something to eat or drink may be a want, the desire for a specific brand name is referred to as a need. Answer: FALSEDifficulty: ModerateLO: 1.1: Explain what marketing is, the marketing mix, what can be marketed and the value of marketing51) Rentrepreneurs are a new trend in business-to-business marketing.
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