CUET Business StudiesBusiness Studies > MediumProduct mixPrice mixPromotion mixPhysical distribution mix✅ Correct Option: 1Related questions:15 May Shift 1Match List-I with List-II List-IList-IIMarketing mix componentMeaning------(A) Price(I) Decisions related to features, quality, packaging etc.(B) Place(II) Activities that communicate features of a product to target customer.(C) Product(III) Decisions related to discounts to customers, traders etc.(D) Promotion(IV) Decisions related to selection of dealers or intermediaries etc. Choose the correct answer from the options given below:24 May Shift 1When the demand of a product is inelastic, the firm is in a better position to fix:28 May Shift 2Arrange the following marketing philosophies according to their evolution : (A) The Product Concept (B) The Selling Concept (C) The Production Concept (D) The Marketing Concept (E) The Societal Marketing Concept Choose the correct answer from the options given below :