CONTEMP.MARKETING (LL) >CUSTOM<
CONTEMP.MARKETING (LL) >CUSTOM<
18th Edition
ISBN: 9780357197295
Author: BOONE
Publisher: Cengage Learning
Question
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Chapter 1.7, Problem 1LO
Summary Introduction

To identify: The company’s marketing mix and the elements of marketing mix and the categories.

Marketing is the management and study of exchange of relationships. It is the business of creating relationships among consumers and business and satisfying the customer needs and wants.

Expert Solution & Answer
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Explanation of Solution

The company’s marketing mix:

Marketers of the company should decide the best way to apply the elements to the categories of marketing.

Marketing mix has 4 elements:

CONTEMP.MARKETING (LL) >CUSTOM<        , Chapter 1.7, Problem 1LO , additional homework tip  1

Figure (1)

Categories of marketing:

CONTEMP.MARKETING (LL) >CUSTOM<        , Chapter 1.7, Problem 1LO , additional homework tip  2

Figure (2)

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