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Question 1 Not yet answered Marked out of 2.00 Flag question Which of the following explains the statement 'marketing mix is a set of marketing tools' the best? O a. Tools are used for solutions. O b. It's used to achieve marketing objectives. O c. All the components in the mix are strategies. O d. All are correct. Question 2 Not yet answered Marked out of 2.00 P Flag question Why do you maximize profits at maturity stage of the product life cycle? O a. For creating awareness O b. Because of the possible decline O c. For defending market-share O d. None of these Question 3 Not yet answered Marked out of 2.00 Flag question How do you strategize your marketing activities at each stage of the product life cycle O a. By understanding the respective market characteristics O b. By understanding the situational factors O c. By understanding the degree of competition O d. All of the above Question 4 Not yet answered Marked out of 2.00 P Flag question Unless the ........ of a product are appropriately ...... to the target market, that product doesn't mean ..... Choose the option with the right order. O a. Benefits, communicated, successful O b. Images, made, failed C. Values, misinterpreted, successful O d. Drawbacks, communicated, successful Question 5 Not yet answered Marked out of 2.00 P Flag question Why does sales seem to be slow at the introduction stage of the product life cycle? O a. Low product awareness O b. Low price O C. Low product quality O d. None of these