Master the Art of Marketing Mix

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Questions and Answers

What are the four elements of the marketing mix?

  • Product, Price, Place, Promotion (correct)
  • Product, Price, Promotion, Packaging
  • Price, Place, Promotion, Packaging
  • Product, Price, Place, Packaging

What are some considerations when developing a product?

  • Product's characteristics, need to satisfy, price, unique selling proposition
  • Product's characteristics, need to satisfy, packaging, unique selling proposition
  • Product's characteristics, need to satisfy, labeling, unique selling proposition
  • Product's characteristics, need to satisfy, value, unique selling proposition (correct)

What is the purpose of packaging?

  • To contain, protect, identify, and distribute the product
  • To contain, protect, identify, and promote the product (correct)
  • To contain, protect, label, and promote the product
  • To contain, protect, label, and distribute the product

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