ENTREPRENEURIAL PLANNING
MARKETING PLAN DEVELOPMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
According to marketing four Ps, credit terms can be classified as:
|
|
Place
|
|
|
Product
|
|
|
Price
|
|
|
Promotion
|
Explanation:
Detailed explanation-1: -They are product, price, place, and promotion.
Detailed explanation-2: -In marketing, the “4 Ps” refers to the Product, Price, Promotion, and Place. Each of these elements is important when creating a successful marketing mix.
Detailed explanation-3: -Price in marketing mix refers to the value we pay in exchange for the product and services offered by a company. Price is considered a vital element of the marketing mix because it dictates a company’s survival and profit. Pricing of a product plays an important role in determining the success of a company.
There is 1 question to complete.