Asked by Annemarie Richardson on May 10, 2024
Verified
Which of the following IS NOT one of the five conditions of exchange in marketing?
A) There must be at least two parties to the exchange.
B) Each party has something of value to offer the other party.
C) Each party must be free to accept or reject the exchange.
D) Each party must be capable of immediate delivery.
E) Each party believes that it is desirable to exchange with the other party.
Exchange Conditions
Refers to the set of terms, rules, and circumstances under which trades or exchanges happen in a market.
Immediate Delivery
involves the rapid dispatch of products or services to customers soon after their order is placed.
Exchange
A process where two parties come to a mutual agreement to trade goods, services, or information.
- Understand the fundamental conditions and concepts of exchange in marketing.
Verified Answer
FC
Fatima CentenoMay 15, 2024
Final Answer :
D
Explanation :
The condition of "each party must be capable of immediate delivery" is not listed among the five conditions of exchange in marketing. The conditions typically emphasize the presence of value, willingness to trade, and the ability to communicate and deliver, but not necessarily the requirement for immediate delivery.
Learning Objectives
- Understand the fundamental conditions and concepts of exchange in marketing.
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