BUISENESS MANAGEMENT
MARKETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The activities that help a business to market a product.
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the cost of product
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The activities that help a business to make profit.
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None of the above
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Detailed explanation-1: -Definition: The marketing mix refers to the set of actions, or tactics, that a company uses to promote its brand or product in the market. The 4Ps make up a typical marketing mix-Price, Product, Promotion and Place.
Detailed explanation-2: -The marketing mix, also known as the four P’s of marketing, refers to the four key elements of a marketing strategy: product, price, place and promotion.
Detailed explanation-3: -They are product, price, place, and promotion. The four Ps are often referred to as the marketing mix.
Detailed explanation-4: -The marketing mix is a tool for considering the different elements that go into promoting a brand and its products. It offers broad guidelines for putting the right products in the right place, at the right time and price.
Detailed explanation-5: -What are the 4Ps of marketing? (Marketing mix explained) The four Ps are product, price, place, and promotion. They are an example of a “marketing mix, ” or the combined tools and methodologies used by marketers to achieve their marketing objectives.