Ask Question
BusinessBusiness
2 April, 08:16

The responsibilities of conception, pricing, positioning, and distribution of ideas, goods, or services are referred to as the marketing mix. T/F

+4
Answers (1)
  1. 2 April, 08:19
    0
    Answer: False

    Explanation: Marketing mix can be defined as a set of tools that is used by the organisations for achieving their goals in the market targeted by them.

    In modern business management theory, there are seven elements of marketing mix as follows : -

    1. Product

    2. Price

    3. Place

    4. Promotion

    5. People

    6. Physical evidence

    7. Process

    Thus, we can conclude that above statement is false.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The responsibilities of conception, pricing, positioning, and distribution of ideas, goods, or services are referred to as the marketing ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
4. Approximately how much of the world's population lives in cities? A. 80 percent B. 50 percent C. 75 percent D. 25 percent
Answers (1)
An investment has an initial cost of $300,000 and a life of four years. This investment will be depreciated by $60,000 a year and will generate the net income shown below.
Answers (1)
Name some factors that might affect your current financial position.
Answers (1)
Andy compares mattresses. A twin sized NightSoft mattress at the large chain BuyRite costs $1,500. The BuyRite salesman and then tells Andy that the companies 24 hour customer service, free mattress cleaning, and 60 day return policy's are the best
Answers (1)
Sofia pays Sam $50 to mow her lawn every week. When the government levies a mowing tax of $10 on Sam, he raises his price to $60. Sofia continues to hire him at the higher price.
Answers (1)
New Questions in Business
Due to recent political and economic events, general prices of goods and services are expected to increase significantly over the next five years. You were about to purchase a five-year bond.
Answers (1)
Whcih is an exogenous factor that affects the business cycle?
Answers (1)
Marcus can afford a monthly mortgage payment of $900. If he is eligible for a 30-year, 5% mortgage (where the mortgage factor is 5.37), how much of a mortgage loan can he afford? a. $324,000.00 b. $150,000 c. $167,597.77 d. $200,100.75 e. $510,015.
Answers (1)
Jimland's government has severe restrictions toward the entry of foreign companies into the country. A foreign company interested in Jimland would have to purchase an existing company in order to conduct its business there.
Answers (1)
Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Activity Cost Pool Estimated Overhead Cost Expected Activity Labor-related $52,000 8,000
Answers (1)
Home » Business » The responsibilities of conception, pricing, positioning, and distribution of ideas, goods, or services are referred to as the marketing mix. T/F
Sign Up Forgot Password?