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प्रश्न
The term marketing mix refers to ______.
विकल्प
An analysis of micro and macro environment of the organization
A mixture of various decisions to sell more products at any cost
A customer relationship for long term profit and gain
A combination of strategic elements to satisfy market needs
उत्तर
The term marketing mix refers to a combination of strategic elements to satisfy market needs.
Explanation:
The marketing mix is a set of marketing tools that a company uses to pursue its marketing objectives in the target market. The traditional marketing mix comprises the 4 Ps: Product, Price, Place, and Promotion. These elements are combined strategically to satisfy customers' needs and wants while achieving the company's goals.
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संबंधित प्रश्न
Explain the types of Marketing Mix.
Find the odd one.
The collection of utilities is known as:
Which of the following statements is not true with regard to the concept of product?
Which of the following is true regarding Promotion?
Define the marketing mix.
What is Marketing Mix?
Marketing Mix represents the ______ of an enterprise.
Define the term 'marketing mix'.
Enumerate the elements of a price mix.