Promotion is one of the components that form a marketing mix

Indicate whether the statement is true or false
a. True
b. False

ANSWER: True

The final step in market segmentation is designing, implementing, and maintaining appropriate marketing mixes. A marketing mix has been described as product, place, promotion, and pricing strategies intended to bring about a mutually satisfying exchange relationship with a market.

Business

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What are the two benefits of stating the bad news at the beginning of a negative message?

What will be an ideal response?

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A consumer who purchases additional products because of a price-off tends to either consume more or delay a future purchase of the product

Indicate whether the statement is true or false

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