BA 530 Define the Four “ P ” s FOR MORE CLASSES VISIT tutorialoutlet
1 . Define the Four ― P ‖ s of marketing and write a 5 to 7 sentence paragraph defining each ― P ‖. Elaborate on the marketing managers knowledge of the impact of each ― P ‖. Identify how that ― P ‖ impacts breakfast cereal . 2 . What are the three phases of the purchase process ? What is a business focused on for each phase ? What is the customer focused on for each phase ? 3 . What is the difference between B2B and B2C ? Provide an example transaction for each . 4 . What are the three main components of a positioning statement ? Create a brief positioning statement . 5 . Identify the steps of the product development life cycle . Think of a common pet product ( or create a new one ) and in a brief scenario , walk it through the product development lifecycle . Explain each step and describe in a few sentences what happens to the product in that particular step . 6 . Relate how advertising impacts the price of a product . Select one ― good ‖ and one ― service ‖ product , for each of these products analyze how price impacts their sales . Describe if the price of each is elastic or inelastic and discuss the impact of supply and demand . 7 . Explain and provide an example of credence . 8 . Explain how a market can be segmented . What are types of