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Question 1-12 Which of the following are key elements of the marketing mix? Product, price, place (distribution)promotion Place, time, brand, research. Features, benefits, and price. None of the above.

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Saul élite · Tutor durante 8 años
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4.4 (188 Votos)

Respuesta

The correct answer is: Product, price, place (distribution), promotion.The marketing mix, also known as the 4Ps, consists of four key elements: product, price, place (distribution), and promotion. These elements are essential in developing a successful marketing strategy and effectively reaching target customers.1. Product: This refers to the goods or services offered by a company to meet the needs and wants of its customers. It includes the product's features, design, quality, and branding.2. Price: This refers to the amount of money customers must pay to acquire the product. It involves pricing strategies, discounts, and payment terms.3. Place (distribution): This refers to the channels through which the product is distributed and made available to customers. It includes decisions about distribution channels, locations, and logistics.4. Promotion: This refers to the activities and tactics used to communicate the product's value and persuade customers to make a purchase. It includes advertising, sales promotions, public relations, and personal selling.The other options provided are not accurate representations of the key elements of the marketing mix.