CONTEMP QUIZ 7Ps

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13 Terms

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marketing mix

It is a set of controllable elements used to deliver the right product to the right people, at the right time, and at the right price.

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E. Jerome McCarthy.

Who introduced the 4Ps of Marketing in the 1960s?

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Product, Price, Place, and Promotion.

What are the original 4Ps of Marketing?

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People, Process, and Physical Evidence.

What are the additional 3Ps that expanded the 4Ps into the 7Ps?

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products

A business changes the packaging and design of its product. What P is involved?

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price

A store lowers the price of its products during a sale. What P is involved?

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place

A business starts selling through an online store. What P is involved?

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promotion

A company posts advertisements on social media. What P is involved?

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people

Employees are trained to assist customers politely. What P is involved?

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process

A restaurant improves its ordering and delivery procedure. What P is involved?

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physical evidence

A café improves its packaging, logo, and store appearance. What P is involved?

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