INTRODUCTION TO ENTREPRENEURSHIP
CHARACTERISTICS OF AN ENTREPRENEUR
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Market share
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Promotional activities
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Marketing strategy
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Financial Analysis
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Detailed explanation-1: -The four Ps of marketing is a marketing concept that summarizes the four key factors of any marketing strategy. The four Ps are: product, price, place, and promotion.
Detailed explanation-2: -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. 19.
Detailed explanation-3: -These seven are: product, price, promotion, place, packaging, positioning and people. As products, markets, customers and needs change rapidly, you must continually revisit these seven Ps to make sure you’re on track and achieving the maximum results possible for you in today’s marketplace.
Detailed explanation-4: -Marketing Goals and Objectives. Define Your Target Audience. Research Marketing Tactics. Plan Your Marketing Tactics. Develop Your Timeline and Budget. 12-Jan-2021