MANAGEMENT

Detailed explanation-1: -Product is a part of the marketing mix, making Option C the right choice here. A) Population is not one of the four elements of the marketing mix. The four Ps which come under the marketing mix is the product, promotion, price, and place.

Detailed explanation-2: -The 5th P: Packaging Packaging is important for marketing because it affects every other P in the marketing mix. Packaging is normally designed to: Present your products in the most attractive way possible. Communicates the price and value of your products.

Detailed explanation-3: -The four Ps of marketing are Product, Price, Place and Promotion. Patience does not come under 4 Ps of marketing.

Detailed explanation-4: -The traditional four Ps of marketing include product, people, price and place-but many veteran marketers are rethinking everything in the digital age. The four Ps of marketing refer to the traditional elements surrounding a service or product that a business owner or marketer has to consider and evaluate to succeed.

Detailed explanation-5: -Target market is not an element of the marketing mix. A target market refers to a group of potential customers to whom a company wants to sell its products and services.