ENTREPRENEURIAL MARKETING
MARKETING MIX
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The marketing mix helps a business;
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Gain finance
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Recruit staff
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Improve production
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Market it’s products and services
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Explanation:
Detailed explanation-1: -Definition: The marketing mix refers to the set of actions, or tactics, that a company uses to promote its brand or product in the market. The 4Ps make up a typical marketing mix-Price, Product, Promotion and Place.
Detailed explanation-2: -Definition of Marketing Mix and Product Mix: Marketing Mix: The set of planned mix of controllable, tactical marketing tools that an organization utilizes to achieve the desired results from its target audience. Product Mix: It is the total number of product lines a company offers to their customers.
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