Question
Easy
Robert Lauterborn suggested 4 Cs, which do not include:
1
Customer Solution
2
Customer Cost
3
Communication
4
Credit Terms
Question Details
Time to Solve: 12
Exam: HTET
Level/Paper: Level 3
Chapter: Business Finance and Marketing
Topic: Marketing and Marketing Mix
Correct Answer
Option D
Explanation
The correct option is 4: Robert Lauterborn's 4 Cs model (published in 1990) was specifically designed to move the marketing mix away from the seller-centric 4 Ps (Product, Price, Place, Promotion) to a perspective that focuses on the consumer. The four core concepts he proposed are Customer Solution (replacing Product), Customer Cost (replacing Price), Convenience (replacing Place), and Communication (replacing Promotion). Therefore, Credit Terms is the correct answer because itтАжRead More
Similar Questions from REET Exam - Paper 1 - Year 2018
Question 1
Easy
Source :
HTET 2019
Upward Movement' alongwith same Supply Curve indicates :
Chapter :
Business Finance and Marketing
Topic :
Marketing and Marketing Mix
Question 2
Easy
Source :
HTET 2019
The horizontal and vertical axes of "GE Nine Cell Matrix" are:
Chapter :
Business Finance and Marketing
Topic :
Marketing and Marketing Mix
Question 3
Easy
Source :
HTET 2019
From the following, which is not a "Major Consumer Promotion Tool" ?
Chapter :
Business Finance and Marketing
Topic :
Marketing and Marketing Mix
Question 4
Easy
Source :
HTET 2020
The firm that serves small segments that the other firms in an industry overlook or ignore:
Chapter :
Business Finance and Marketing
Topic :
Marketing and Marketing Mix