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Solution

✅ Correct Option: 4

Option 1 -> Product is a core element of the traditional 4 Ps marketing mix, referring to what you sell to customers.

Option 2 -> Price is a core element of the traditional 4 Ps marketing mix, referring to the cost customers pay.

Option 3 -> Place is a core element of the traditional 4 Ps marketing mix, referring to distribution channels and location.

Option 4 -> People is part of the extended 7 Ps model but NOT part of the traditional 4 Ps marketing mix framework.


Hence, Option 4: People -> The traditional marketing mix consists of the 4 Ps: Product, Price, Place, and Promotion. "People" was later added as part of the extended services marketing mix (7 Ps), but is not considered an element of the original/traditional marketing mix framework. -> correct

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