Question

In the five C's, how is cost different from price?
A.
It includes the company's operating costs.
B.
It makes it easier to promote the product.
C.
It reduces the company's operating expenses.
D.
It includes all of the costs related to the product.


Please select the best answer from the choices provided

A
B
C
D

Answer 1

D

Cost refers to all the costs related to the product (production, distribution, marketing, etc.), whereas price is the amount charged to customers.