हिंदी

The skimming, penetration, parity are decided in which of the marketing mix strategy? - Commercial Applications

Advertisements
Advertisements

प्रश्न

The skimming, penetration, parity are decided in which of the marketing mix strategy?

विकल्प

  • Price Decisions

  • Place Decisions

  • Product Decisions

  • Promotion Decisions

MCQ

उत्तर

Price Decisions

Explanation:

Skimming, penetration, and parity are pricing strategies used to set the price of a product. These strategies are part of the Price Decisions in the marketing mix. Skimming involves setting a high initial price, penetration involves setting a low initial price to gain market share, and parity involves setting a price similar to competitors.

shaalaa.com
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 2: Marketing mix - 4 P's - EXERCISES [पृष्ठ ३४]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Commercial Applications [English] Class 10 ICSE
अध्याय 2 Marketing mix - 4 P's
EXERCISES | Q 27. | पृष्ठ ३४

संबंधित प्रश्न

Find the odd one.


Explain the following term/concept.

Promotion


Explain in detail the 7Ps of Marketing.


Explain the following term/concept.

Promotion of the product


Marketing mix does not include ____________.


In order to promote the sales of the company, Mukund Limited has decided to offer consumer durable products at 0% finance. Identify the type of marketing factor being described in the above line.


Harshit is planning a start-up venture for offering mobile pet care services at the door step. He has decided to charge 1000 for a heated hydrobath and blow dry of a pet and 500 for shampoo and conditioning. Identify the elements of the marketing mix which is not being described in the above case.


Which of the following are considered as the pillars of marketing?


CASE STUDY

Tata Motors-owned Jaguar Land Rover on Friday reported a 4.9 per cent declinein retail sales at 88,121 units in the second quarter ended on September 30, 2020. The company had posted retail sales of 92,710 units in the same quarter previous fiscal year, Sales of the Jaguar brand were at 17,340 units in the second quarter as against 19248 units in the year-ago period, down 9.9 per cent. Similarly, sales of Land Rover brand were down 3.63 per cent at 70,781 units as compared to 73,462 units in the same quarter a year ago.

While there was improvement in sales in the second quarter, it remained constrained by semiconductor shortages, the company said in a statement. "The company continues to see strong demand for its products, with global retail orders again setting new records in the quarter,” it said adding, as on September 30, 2022, the total order book has grown to 2.05 lakh units, up around 5,000 orders from June 30, 2022.

Demand for the new Range Rover, new Range Rover Sport and Defender remained strong, accounting for over 1.45 lakh of the 2.05 lakh orders, it added.

With reference to above case study, answer the following questions:

  1. Explain the advantages of training Tata motor employees.
  2. Analyse and advise on any two suitable promotional mix for Tata motors.
  3. In the context of above case study, Analyze any five advantages of advertising to manufacturers.

The term marketing mix refers to ______.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×