Choose the correct answer and write the correct answer on the answer sheet: Which of the following is an element of the marketing mix? A) place B) education C) needs D) wants Each company must divide up the total market, choose the best segments, and design strategies for profitably serving chosen segments. This process involves market segmentation, differentiation, and positioning. A) market targeting B) marketing implementation C) supply-chain analysis D) price discrimination The process of arranging for a product to occupy a clear, distinctive, and desirable place relative to competing products in the minds of target consumers is known as A) market segmentation B) differentiation C) positioning D) market targeting Teenagers are expected to respond in a si