IDNLearn.com is your go-to resource for finding expert answers and community support. Our community provides accurate and timely answers to help you understand and solve any issue.
The components of the marketing mix consist of 4Ps Product, Price, Place, and Promotion. In the business sector, the marketing managers plan a marketing strategy taking into consideration all the 4Ps.
1. Allocation of resources 2. Organizational design 3. Portfolio management 4. Strategic tradeoffs