BUISENESS MANAGEMENT
MARKETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The information tends to be viewed as more credible.
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Publicity is one part of public relations.
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Marketers control how the information is presented.
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Publicity is free since the information appears in the news media.
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Detailed explanation-1: -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.
Detailed explanation-2: -Personal selling involves direct communication between a salesperson and a potential customer. This can occur in person, over email, on the phone, or via video. Personal selling is most commonly used for business-to-business (B2B) selling, although it can also be used in retail and trade selling.
Detailed explanation-3: -Advertising takes up a significant amount of a company’s budget allocated for promotions and marketing. It involves developing and delivering paid product messages through broadcast, print, or digital platforms to get to different target markets.
Detailed explanation-4: -Warehousing is a part of the logistics process. It is a holding place for products and materials. Warehousing does not require any physical movement of inventory.