Question : It means goods or services which are offered to the market for sale. Which element of marketing mix is highlighted in the given statement?
Option 1: Product
Option 2: Price
Option 3: Promotion
Option 4: Place
Correct Answer: Product
Solution : Product means goods or services or anything of value which is offered to the market for sale. The concept of product relates not only to physical product but also to benefits offered by the product from customers view point.
Hence, option A is correct.
Question : Which element of marketing mix is highlighted in the given statement? Statement: It means anything of value which is offered to the market to satisfy a want or need
Question : Which element of marketing mix is highlighted in the given statement? Statement:It involves decisions regarding selection of intermediaries.
Question : It includes activities that make organisationas' product available to the target customers. Which element of marketing mix is highlighted in the given statement?
Question : Which element of marketing mix is highlighted in the given statement? Statement: It includes deciding about the features,quality,packaging,labelling and branding of the products.
Question : It includes deciding about the features,quality packaging,labelling and branding of the product. Which element of marketing mix is highlighted in the given statement?
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