BUISENESS MANAGEMENT
MARKETING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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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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Detailed explanation-1: -Distribution is the process of making a product or service available for the consumer or business user who needs it, and a distributor is a business involved in the distribution stage of the value chain.
Detailed explanation-2: -Product. The product is the good or service being marketed to the target audience. Generally, successful products fill a need not currently being met in the marketplace or provide a novel customer experience that creates demand.
Detailed explanation-3: -Product Marketing Mix Definition. Product is the first P in the marketing mix and is defined as physical goods or services sold to make a profit for the business. The product is why marketing exists, and the best products are created to solve consumers’ real-world problems.
Detailed explanation-4: -The four Ps of marketing-product, price, place, promotion-are often referred to as the marketing mix. These are the key elements involved in planning and marketing a product or service, and they interact significantly with each other.