2024 Slot 1Business Studies > MediumProductPricePromotionPhysical distribution✅ Correct Option: 4Related questions:Identify the element of marketing mix in the following statement: 'The taste, quality and packing are given utmost care.'They are able to charge higher price than their competitors.' Which element of marketing mix is discussed in the statement?To increase their sales, they are using different offers like: Free gifts, Cash backs etc. They are offering discounts to customers on various occasions.' Identify the marketing mix element from the above statement.