COMMERCE 4PA3 TEST EXAM 2026
BUSINESS SCRIPT SOLVED
QUESTIONS VERIFIED ANSWERS A+
◉ what are the five ps and define them.
Answer: product-the physical item or service
price-the amount of money customers are asked to pay
place-"distribution", getting the product to customers
promotion-any activity that increases sales, communicating with
customers
people-customer service=positive attitude. professional first impression
◉ define target market.
Answer: the specific group of customers toward whom you are aiming
your marketing efforts
◉ define market segmentation.
Answer: businesses focus on selling their products or services to a group
of people with similar characteristics
◉ define demographic.
Answer: segments based on demographic factors and statistical data. for
example-age,gender,education
◉ define geographic.
BUSINESS SCRIPT SOLVED
QUESTIONS VERIFIED ANSWERS A+
◉ what are the five ps and define them.
Answer: product-the physical item or service
price-the amount of money customers are asked to pay
place-"distribution", getting the product to customers
promotion-any activity that increases sales, communicating with
customers
people-customer service=positive attitude. professional first impression
◉ define target market.
Answer: the specific group of customers toward whom you are aiming
your marketing efforts
◉ define market segmentation.
Answer: businesses focus on selling their products or services to a group
of people with similar characteristics
◉ define demographic.
Answer: segments based on demographic factors and statistical data. for
example-age,gender,education
◉ define geographic.
