Question: 3 1 - Why does a marketing strategy utilize the marketing mix, which includes product, price, place, and promotion? a . To control the organization's
Why does a marketing strategy utilize the marketing mix, which includes product, price,
place, and promotion?
a To control the organization's resources to support marketing activities
b To develop a clear strategy for planning and implementing marketing activities
c To plan the organization's marketing toward supporting the organization's overall mission
d To satisfy customers in target markets
A childcare provider company is facing a declining demand for preschool nursery places due
to Corona virus. Which PESTEL dimension does this refer to
a Political
b Social
c Environmental
d Economical
What factor of production is used to generate forecasts based on specialized knowledge and
economic data?
a Economic resources
b Information resources
c Entrepreneurs
d Physical resources
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