ENTREPRENEURIAL MARKETING
MARKETING MIX
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
It is an item that is built or produced to satisfy the needs of people.
|
Physical Environment
|
|
Place
|
|
Process
|
|
Product
|
Explanation:
Detailed explanation-1: -A product is a commodity, produced or built to satisfy the need of an individual or a group. The product can be intangible or tangible as it can be in the form of services or goods.
Detailed explanation-2: -A consumer good, or final good, is the end product a business produces that is purchased by a consumer. Consumer goods can be classified as durable, non-durable, or services. Marketing of consumer goods depends upon the use, price, and features of the item.
Detailed explanation-3: -Product. This represents an item or service designed to satisfy customer needs and wants.
There is 1 question to complete.