The concept of "exchange" is fundamental to the definition of marketing. What is the best description of the exchange?

The concept of "exchange" is fundamental to the definition of marketing. What is the best description of the exchange?


a) Activities that are performed primarily by producers and manufacturers
b) Development of products, distribution channels, promotional strategies, and pricing objectives to satisfy customer requirements
c) Transfer of products in return for monetary considerations
d) Provision or transfer of goods, services, or ideas in return for something of value


Answer: d


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