The Marketing Mix
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Questions and Answers

Which of the following is NOT one of the Four Ps of Marketing?

  • Positioning
  • Process (correct)
  • Product
  • Promotion

What does the term 'marketing mix' refer to?

  • A set of elements unrelated to customer needs
  • A set of elements that cannot be influenced by the company
  • A set of uncontrollable elements that influence customer needs
  • A set of controllable elements that influence customer needs (correct)

Which component of the marketing mix involves the strategies and channels used to make the product or service accessible to the target market?

  • Product
  • Place (correct)
  • Promotion
  • Price

What does the component 'Price' refer to in the marketing mix?

<p>The amount of money customers are willing to pay for the product or service (A)</p> Signup and view all the answers

What does the component 'Product' represent in the marketing mix?

<p>The design, features, and quality of the product (C)</p> Signup and view all the answers

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