The 4 Ps are all a marketing manager needs to create a marketing strategy for a service
Question:
“The 4 Ps are all a marketing manager needs to create a marketing strategy for a service business.”
Prepare an argument that opposes this statement, and support it with examples.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (3 reviews)
While the 4 Ps of marketing Product Price Place Promotion are indeed critical elements in forming a marketing strategy arguing that they are the only ...View the full answer
Answered By
Shubhradeep Maity
I am an experienced and talented freelance writer passionate about creating high-quality content. I have over five years of experience working in the field and have collaborated with several renowned companies and clients in the SaaS industry.
At Herman LLC, an online collective of writers, I generated 1,000+ views on my content and created journal content for 100+ clients on finance topics. My efforts led to a 60% increase in customer engagement for finance clients through revamping website pages and email interaction.
Previously, at Gerhold, a data management platform using blockchain, I wrote and published over 50 articles on topics such as Business Finance, Scalability, and Financial Security. I managed four writing projects concurrently and increased the average salary per page from $4 to $7 in three months.
In my previous role at Bernier, I created content for 40+ clients within the finance industry, increasing sales by up to 40%.
I am an accomplished writer with a track record of delivering high-quality content on time and within budget. I am dedicated to helping my clients achieve their goals and providing exceptional results.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
List three specific parts of the Case Guide, Objectives and Strategy Section (See below) that you had the most difficulty understanding. Describe your current understanding of these parts. Provide...
-
The head of marketing is interested in some opportunities for cross-selling of products. She thinks that the way to identify cross-selling opportunities is to know for each product how many other...
-
Tiffee Company identifies the following items for possible inclusion in the physical inventory. Indicate whether each item should be included or excluded from the inventory taking. (a) 900 units of...
-
A physics professor on the Earth gives an exam to her students, who are in a spacecraft traveling at speed v relative to the Earth. The moment the craft passes the professor, she signals the start of...
-
How much will you have in an account after 25 years if you put $1500 per month in the account earns 6% compounded monthly? Answer = $ b) How much will you have after 25 years if you put $1500 per...
-
Flowchart symbols represent what aspect of a system?
-
1. Based on Susans observations, determine how long it actually takes Sam to produce a Navigator III. 2. If direct labor is assessed at $18 per hour, what would the labor savings per Navigator III be...
-
Assume a not-for-profit skilled nursing facility chain has a target capital structure that is 50 percent debt and 50 percent equity. Assume the chain plans to finance a new project with 40 percent...
-
Cesar Ablang is a product manager for a Malaysian firm. His product is made in batches of 2,500 units each. In past years, his product cost was $14.50 per unit, including $8 in variable costs. The...
-
Why do the marketing, operations, human resource management, and IT functions need to be closely coordinated in service organizations?
-
Why does services marketing need a special approach?
-
Compute the surface area of the torus in Exercise 45 using Pappus's Theorem. Data From Exercise 45 Area of a Torus Let \(\mathcal{T}\) be the torus obtained by rotating the circle in the \(y...
-
Identify the reports required under the Single Audit Act that are not required by GAAS or GAGAS.
-
a. Identify the two main components of a single audit. b. What is the source of the standards that govern performance of each component?
-
a. What are the objectives of making an overall review? b. Who should make this review? c. How should analytical procedures be used in this review?
-
a. Who is required to have a single audit under the Single Audit Act? b. Who prescribes policies, procedures, and guidelines to implement the Act? c. What is a cognizant agency, and what are its...
-
a. What are the two objectives to be achieved in evaluating the findings? b. List four steps in meeting these objectives.
-
What are the expected number of yearly breakdowns for the power generator at Orlando Utilities that has exhibited the following data over the past 20years? Number of breakdowns Number of years in...
-
According to a New York Times columnist, The estate tax affects a surprisingly small number of people. In 2003, . . . just 1.25 percent of all deaths resulted in taxable estates, with most of them...
-
Why would a marketing manager prefer to sell a product that has no close substitutes? Are high profits almost guaranteed?
-
If a manufacturers well-known product is sold at the same price by many retailers in the same co m munity, is this an example of pure competition? When a community has many small grocery stores, are...
-
List three products that are sold in purely competitive markets and three that are sold in monopolistically competitive markets. Do any of these products have anything in common? Can any...
-
Assume that you start with a balance of $3700 on your credit card. During the first month, you charge $600, and during the second month, you charge $750. Assume that your credit card charges a 27%...
-
Metallica Bearings, Incorporated, is a young start-up company. No dividends will be paid on the stock over the next nine years because the firm needs to plow back its earnings to fuel growth. The...
-
Problem 13-2 (Algo) A metal fabricator produces connecting rods with an outer diameter that has a 1 0.01 inch specification. A machine operator takes several sample measurements over time and...
Study smarter with the SolutionInn App