ENTREPRENEURSHIP

ENTREPRENEURIAL MARKETING

MARKETING MIX

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The part of the marketing mix responsible for the movement of goods or services is:
A
product
B
price
C
place
D
promotion
Explanation: 

Detailed explanation-1: -Physical distribution is an element of marketing mix which refers to the physical handling and movement of goods from the place of production to the place of distribution.

Detailed explanation-2: -It is comprised of the following elements: Consumer wants and needs, which correspond to the product in the marketing mix. Cost, which corresponds to the price in the marketing mix. Convenience to buy, which corresponds to the place in the marketing mix.

Detailed explanation-3: -The chief marketing officer (CMO) or the most senior marketer is typically responsible for leading an organization’s overarching marketing strategy.

There is 1 question to complete.