Question

What do you understand by the term Market Mix?

Answer 1

Answer:

'Marketing Mix' Definition: The marketing mix refers to the set of actions, or tactics, that a company uses to promote its brand or product in the market. The 4Ps make up a typical marketing mix - Price, Product, Promotion and Place. ... Price: refers to the value that is put for a product.

Explanation:

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Answer 2

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