Podcast
Questions and Answers
What is the most flexible element of the marketing mix?
What is the most flexible element of the marketing mix?
- Price (correct)
- Product
- Place
- Promotion
What has made prices more visible, flexible and competitive?
What has made prices more visible, flexible and competitive?
- Increased regulation
- Technological advances
- Globalization
- The internet (correct)
What is another term for 'Promotion'?
What is another term for 'Promotion'?
- Product Placement
- Sales and Advertising
- Marketing Communications (correct)
- Public Relations
What does 'Promotion' refer to in the marketing mix?
What does 'Promotion' refer to in the marketing mix?
What is the key purpose of Marketing Communications?
What is the key purpose of Marketing Communications?
How does the text describe the flexibility of pricing?
How does the text describe the flexibility of pricing?
What does the text say must be monitored in relation to the final price?
What does the text say must be monitored in relation to the final price?
What does the text say about the relationship between the internet and pricing?
What does the text say about the relationship between the internet and pricing?
What is the key focus of Promotion in the marketing mix?
What is the key focus of Promotion in the marketing mix?
What is the relationship between 'Promotion' and 'Marketing Communications' according to the text?
What is the relationship between 'Promotion' and 'Marketing Communications' according to the text?
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