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If a company is focused on the development of the price, promotion, distribution and right combinations of the product then the company is developing which of the following?

  • A.Marketing Policy
  • B.Marketing Mix
  • C.Marketing Discount
  • D.Marketing Research Experiment

Answer: B

Correct answer: Marketing Mix

Price, promotion, distribution and product are the four Ps, and combining them into the right blend for a target market is the marketing mix. The word mix is the point: the four are decided together, since a premium price implies a certain kind of promotion and a certain kind of outlet.

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