Question

In: Economics

Making products available to customers in the quantities desired; sometimes referred to as “place” because it...

Making products available to customers in the quantities desired; sometimes referred to as “place” because it helps to remember the marketing mix as the “4 Ps.”

Group of answer choices

Product

Promotion

Price

Distribution (Place)

2 The marketing mix involves four variables ... the                             [ Select ]                       ["Promotion", "Price", "Distribution (Place)", "Product"]         is a complex mix of tangible and intangible attributes that provide satisfaction and benefits.                            [ Select ]                       ["Price", "Product", "Distribution (Place)", "Promotion"]         represents the value placed on an object in an exchange; it quantifies value and is the basis of most market exchanges.                             [ Select ]                       ["Price", "Distribution (Place)", "Promotion", "Product"]         makes products available in the quantities desired to as many customers as possible while holding total inventory, transportation, and storage costs as low as possible.                             [ Select ]                       ["Promotion", "Price", "Product", "Distribution (Place)"]         is a persuasive form of communication that attempts to facilitate a marketing exchange by influencing individuals, groups, or organizations to accept an organization’s products.

Solutions

Expert Solution

Answeir : Making product available to customer in a desired quantity sometimes known as place because it help to remember the marketing 4P.

2. The marketing mix involves four variables the product is a Complex mix of tangible and intangible attributes that provide satisfaction and it means product should be purchased by the consumer so that they will able to satisfied there need in best possible manner.

price is represented by the value placed on an object an object quantifies the value and is the basis of most market exchange. Pricing is used in exchanging goods and services with one another in order to gain maximum share in the market.

Distribution is the make the product available to the customer quantity desired as many customer as possible while holding total inventory, storage cost and holding cost as low as possible. It means that distribution should be in best possible manner so that product should be available at right time in the hands of the customer.

promotion is a persuasive form of communication that attempt to facilitate a marketing exchange by influencing individuals , groups or organization to accept an organization product in best possible manner.promotion means providing product in a systematic and logical manner. Create a mind set up in the eyes of customer.


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