Questions and Answers
Explain what the marketing mix refers to.
The marketing mix refers to a set of marketing tools that a firm uses to pursue its marketing objective in a targeted market.
What is the purpose of the marketing mix?
The purpose of the marketing mix is to help a firm achieve its marketing objectives in a specific market.
How does a firm use the marketing mix?
A firm uses the marketing mix to pursue its marketing objectives by utilizing various marketing tools in a targeted market.
Which of the following best defines the marketing mix?
Signup and view all the answers
What is the primary purpose of the marketing mix?
Signup and view all the answers
In the context of marketing, what does 'targeted market' refer to?
Signup and view all the answers