ENTREPRENEURSHIP

ENTREPRENEURIAL MARKETING

MARKETING MIX

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The 4 components of the Marketing Mix are Product, Price, People, and Place? False True
A
False
B
True
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -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-2: -The 4P’s make up the typical marketing mix and it includes Product, Place, Price and Promotion.

Detailed explanation-3: -The four Ps of marketing are Product, Price, Place and Promotion. Patience does not come under 4 Ps of marketing.

Detailed explanation-4: -What are the 4 P’s of marketing mix? The 4 P’s are Product, Price, Place, and Promotion.

There is 1 question to complete.