ENTREPRENEURSHIP

ENTREPRENEURIAL MARKETING

MARKETING MIX

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
WHAT DOES THE OVERALL MARKETING MIX OF A FIRM DETERMINE?
A
MARKETING OBJECTIVE
B
MARKETING STRATEGY
C
PROFIT FROM MARKETING
D
None of the above
Explanation: 

Detailed explanation-1: -The marketing mix in marketing strategy: Product, price, place and promotion. The marketing mix is the set of controllable, tactical marketing tools that a company uses to produce a desired response from its target market. It consists of everything that a company can do to influence demand for its product.

Detailed explanation-2: -Product (or Service) Your customer only cares about one thing: what your product or service can do for them. Price. Many factors go into a pricing model. Promotion. Place. People. Packaging. Process.

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