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Why are these 4p's elements so important to marketers?
The 4p's are product, pricing, placement, and promotion. They are also known as the 4 “P’s.” It is important for an organization to have a good understanding of the marketing mix. Each element is important when developing a marketing plan. [ ]
Expert answered|jeifunk|Points 3517|
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Asked 6/16/2012 7:19:16 PM
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Determining a Property Damage Liability Claim. Kurt Simmons has 50/100/15 auto insurance coverage. One evening he lost control of his vehicle, hitting a parked car and damaging a storefront along the street. Damage to the parked car was $5,400, and damage to the store was $12,650. What amount will the insurance company pay for the damages? What amount will Kurt have to pay?
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Updated 3/10/2013 6:41:24 AM
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The amount the insurance company will pay $15,000 (policy limit); Kurt will be liable to pay the amount of $3,050.
highered.mcgraw-hill.com/sites/dl/free/0073382329/598607/...
Added 3/10/2013 6:41:24 AM
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