Question

Developing a marketing mix may involve all of the following activities except _____. Group of answer choices informing potential buyers about a product setting a price for a product developing a product aimed at the needs of the target market developing an operational budget

Answer 1

developing operational budget.

Step-by-step explanation:

Marketing mix are tools employed by a business to make its products or brand known in the market place. The known 4p's of marketing mix are : People, price, place and product.

Marketing mix consist of all activities, aimed at promoting immediate sales. In marketing mix, potential buyers are informed about a product, prices are also set for the products. Products are developed to meet the need of the market.

The components that make up marketing mix must be checked until the product is rebranded or non existent. What this means is that as the product stays longer, there must be a review in price, promotion employed and the choosen market to reflect current realities.