Mars, Inc makes and markets Iams pet foods for dogs and cats. Which of the following activities would be considered part of the Iams marketing mix? Choose all that apply.
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
Expert Answer
Correct Answer:
A.
B.
D.
E.
F.
G.
I.
J
Explanation:
Marketing mix traditionally involves 4 Ps of marketing named as product, price place and promotions. Though, new 3 Ps are also now considered such as packaging, positioning & people. Here, Point A, F and J falls under the product and its packaging related details such as type of product to be manufactured & marketed, packaging details and information related to the product. Point B and G is related to the pricing decisions of the company when price and discount is being considered. Point E talks about the place where the product will be sold. Point I talks about the promotion of the product. Thus, these points overall cover the all the Ps of the marketing mix.
Other points cover regulatory environment, corporate social responsibility and market research of the product, done by the company.