ENTREPRENEURIAL MARKETING
MARKETING MIX
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Price
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Place
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Marketing Mix
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Marketing Strategy
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Detailed explanation-1: -A: The marketing mix is a set of controllable and interrelated variables composed of product, place, price, and promotion that a company assembles to satisfy a target group better than its competitor.
Detailed explanation-2: -This module introduces the Marketing Mix, more popularly referred to as the 7P’s of Marketing. It is a set of controllable and interrelated variables composed of product, place, price and promotions that a company assembles to satisfy a target group better than its competitor.
Detailed explanation-3: -The marketing mix, also known as the four P’s of marketing, refers to the four key elements of a marketing strategy: product, price, place and promotion.
Detailed explanation-4: -The controllable variables a company puts together to satisfy a target group is called the Marketing mix.