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प्रश्न
The term marketing mix refers to ______.
पर्याय
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
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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
What is meant by the term place in the marketing mix?
Find the odd one.
Explain in detail the 7Ps of Marketing.
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.
Which one of the following promotion tools has mass reach?
Which of the following marketing functions is concerned with informing the customers about the firm's products?
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.
Marketing mix for products consists of ______.
______ represents an integrated approach to marketing.
