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Q.State any one element of marketing mix.

Meghalaya MboseMBOSE Meghalaya Intermediate Board (Commerce) 2022Subjective· 1mImportance★★★★★
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The marketing mix consists of four elements, called the 4 Ps — Product, Price, Place, and Promotion.

The marketing mix is the set of marketing tools a firm blends to pursue its marketing objectives in the target market; it is classically grouped into four elements (the '4 Ps'): Product (what is offered — goods, services, features, quality, branding), Price (the value set for exchange), Place (the distribution/channel arrangements that make the product available), and Promotion (the communication tools — advertising, personal selling, sales promotion, publicity — …

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