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प्रश्न
Explain the following term/concept.
Price
उत्तर
The price of the product is basically the amount that a customer pays for the product. Price plays an important role in creating demand for the product. The business needs to take the utmost care to decide the price of the product. The cost of the product and willingness of the customer to pay for the product plays an important role in pricing the product. The too-high prices may affect the demand for the product and pricing too low may affect the profitability of the business. While deciding the prices, the value and utility of the product to its customers are to be considered.
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संबंधित प्रश्न
Find the odd one.
Find the odd one.
Explain the following term/concept.
Promotion
Explain 3Ps in the marketing of services.
Justify the following statement.
Promotion plays an important role in marketing.
Explain in detail the 7Ps of Marketing.
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Which one of the following is not a marketing mix?
Marketing mix is the set of ______ that the firm uses to pursue its marketing objectives in the target market.
Which of the following is true regarding Promotion?
What is Marketing Mix?
Which one of the following is not one of the Ps of marketing?
______ denotes the money value of a product or service. It is the amount of money seller is asking for the product or service he offers for sale or the amount which buyers are to pay for it.
The skimming, penetration, parity are decided in which of the marketing mix strategy?
______ represents an integrated approach to marketing.
An appropriate marketing mix is necessary to enable an enterprise to meet its goals. Justify for or against, giving reasons.
What is place mix?
Enumerate the elements of a price mix.
