Question

The activity in which two or more parties give something of value to each other to satisfy perceived needs is known as __________. A. utility B. positioning C. exchange D. relationship marketing E. consumer behavior

Answer 1

Answer: C. Exchange

Step-by-step explanation:

This is simply a situation where one or more persons decide to satisfy a need by exchanging something of value with another individual/s.

We enter into exchanges all the time such as paying the phone company for data to use to see this. They value the money, we value the data so we EXCHANGED.