GK
MARKETING MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Marketing Mix
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Demand Variable
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Marketing Strategy
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All of the above
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Detailed explanation-1: -The four key marketing decision variables are price, advertising, transportation and product quality. These factors are within the control of enterprise and consumer demand is influenced by these variables.
Detailed explanation-2: -The 5 P’s of marketing – Product, Price, Promotion, Place, and People – are a framework that helps guide marketing strategies and keep marketers focused on the right things.
Detailed explanation-3: -The four Ps are the four essential factors involved in marketing a product or service to the public. The four Ps are product, price, place, and promotion.
Detailed explanation-4: -The 7 Ps of Marketing 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-5: -Internal factors. The internal factors are the only aspects of marketing that you can control. Social factors. Competition factors. Economic factors. Regulatory factors. Technological factors. 19-Jan-2022