is the combination of variables chosen by a firm to prepare its market offering.

Marketing mix

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Product mix

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Price Mix

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Place mix

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Solution

The correct option is A Marketing mix
Marketing mix is the combination of variables chosen by a firm to prepare its market offering.

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Similar questions

Q. Six Mark Question
'Hayaram' is a famous chain selling a large variety of products in the Indian market. Their products include chips, biscuits, sweets and squashes. It charges a comparatively higher price than its competitors as it sells quality products. Besides, it offers regular discounts to its customers and easy credit terms to its retailers. It has five of its own retail shops. It also sells its products through various grocery stores so that the products are made available to customers at the right place, in the right quantity and at the right time. It regularly uses different communication tools to increase its sales.
The above pan describes the combination of variables used by Hayaram to prepare its market offering. Identify and explain the variables.

___ is a set of marketing tools that firm uses to pursue its marketing objective in the target market.

There are three firms A, B and C in a market. The supply schedule for the market and that for firms A and B is given below. Prepare the supply schedule for firm C.

$\begin{matrix} Price & Firm A & Firm B & Firm C & Market supply 10 & 0 & 25 & 35 20 & 10 & 30 & 60 30 & 20 & 35 & 85 40 & 30 & 40 & 110 50 & 40 & 45 & 135 60 & 50 & 50 & 160 \end{matrix}$

When market power is obtained through barriers to entry created by a firm itself, the market power is called ___ market power.

Q. Long Answer Question.
What is meant by marketing mix? Explain different elements or components of marketing mix.

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is the combination of variables chosen by a firm to prepare its market offering.

The correct option is A Marketing mixMarketing mix is the combination of variables chosen by a firm to prepare its market offering.

The correct option is A Marketing mix
Marketing mix is the combination of variables chosen by a firm to prepare its market offering.