ENTREPRENEURSHIP

ENTREPRENEURIAL MARKETING

MARKETING MIX

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Tangible aspects of a service-For example the lobby at a hotel are:
A
Service
B
Physical Evidence
C
People
D
Processes
Explanation: 

Detailed explanation-1: -The extended marketing mix (7P’s) is the combination of seven elements of marketing that aim to work together to achieve the objectives of a marketing strategy. These 7 elements are: product; price; place; promotion; people; process and physical.

Detailed explanation-2: -The marketing mix only features four pillars: place, price, product and promotion. The extended marketing mix expands on the original toolkit by adding the other three pillars: physical evidence, processes and people.

There is 1 question to complete.