ENTREPRENEURIAL PLANNING
BUSINESS PLAN DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The product or service as a marketing mix element includes anything the business offers to the customer that will be used to satisfy needs.
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true
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false
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -The role of product in the marketing mix is one of the key components that makes the entire process of connecting with consumers and generating sales possible. Along with price, place, and promotion, the product provides the ultimate value to the customer and serves as the entire reason for the marketing effort.
Detailed explanation-2: -Expert Answer. The correct option is a. distribution strategy because it is very important for the organization to work properly for carrying out the distribution strategies, as these strategies only ensure that the product is available to the customers as per their requirements.
There is 1 question to complete.