ENTREPRENEURIAL MARKETING
MARKETING MIX
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
A cell phone manufacturing company is working to improve its least popular cell phone. Under which marketing function does this action fall?
|
|
Place
|
|
|
Price
|
|
|
Product
|
|
|
Promotion
|
Explanation:
Detailed explanation-1: -Selling is a function of marketing that comprises communicating with potential customers and pursuing sales leads. It’s important for marketing professionals to pursue sales leads with subtlety, which helps them build relationships with potential customers.
Detailed explanation-2: -The 7 functions of marketing are promotion, selling, product/service management, marketing information management, pricing, financing and distribution.
Detailed explanation-3: -There are eight functions are essential to the marketing of all goods and they are: buying, selling, transporting, storing, grading, financing, risk taking, and securing market information.
There is 1 question to complete.