ENTREPRENEURIAL MARKETING
MARKETING MIX
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Good to services
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Industrial products to consumer goods
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Producers to consumers
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Workers to salespeople
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Detailed explanation-1: -Marketing establishes a link between producers and consumers through traders. Traders purchase finished products from manufacturers and market them to consumers. They also address the two main trade obstacles, namely the separation between the point of production and the point of consumption and the delay between them.
Detailed explanation-2: -Producers use energy and inorganic molecules to make food. Consumers take in food by eating producers or other living things. Decomposers break down dead organisms and other organic wastes and release inorganic molecules back to the environment.
Detailed explanation-3: -Commerce includes trade and auxiliaries to trade. Trade means buying and selling of goods and services which is performed by the producers. Commerce act as a link between the producer and the consumer because through commerce only the trading process can take place.