Which of the following is true concerning the importance of the Four Ps?

Question

Multiple choice question.

Price is the most important.

All are equally important.

Place is the most important.

Product is the most important.

Promotion is the most important.

Answer 1

The correct answer is: All are equally important.

In marketing, the Four Ps (Product, Price, Place, and Promotion) are all crucial components of a successful marketing strategy, and their importance can vary depending on the specific situation and market context.