ENTREPRENEURIAL MARKETING
MARKETING MIX
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is NOT an element in the marketing mix?
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Price
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Profit
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Promotion
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Place
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Explanation:
Detailed explanation-1: -Target market is not an element of the marketing mix. A target market refers to a group of potential customers to whom a company wants to sell its products and services.
Detailed explanation-2: -Detailed Solution: The four Ps of marketing are Product, Price, Place and Promotion. Patience does not come under 4 Ps of marketing.
Detailed explanation-3: -The correct answer is option c) Profit The elements of marketing mix(4Ps) are product, price, place and promotion. Thus profit is not an element of marketing mix.
There is 1 question to complete.