Examveda
Examveda

At least how many parties should be included in “Exchange”?

A. Two

B. Three

C. Four

D. Five

Answer: Option A

Solution(By Examveda Team)

At least Two parties should be included in “Exchange”. An exchange process is simply when an individual or an organisation decides to satisfy a need or want by offering some money or goods or services in exchange.

This Question Belongs to Management >> Marketing

Join The Discussion

Related Questions on Marketing

The four unique elements to services include:

A. Independence, intangibility, inventory, and inception

B. Independence, increase, inventory, and intangibility

C. Intangibility, inconsistency, inseparability, and inventory

D. Intangibility, independence, inseparability, and inventory