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Question 1. Choose a product that you use every day. Describe its 4Ps. Question 2. Mercedes-Benz manufactures the Smart Car, which sells for around $16,000,

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Question 1. Choose a product that you use every day. Describe its 4Ps. Question 2. Mercedes-Benz manufactures the Smart Car, which sells for around $16,000, and the SL65 AMG 2-door Roadster for over $200,000. Is Mercedes providing the target markets for these cars with good value? Explain why. Question 3. Assume you have been hired by the marketing department of a major consumer products manufacturer, such as Colgate-Paimolive. You are having lunch with some new colleagues in the finance, manufacturing, and logistics departments. They are arguing that the company could save millions of dollars if it just got rid of the marketing department. Develop an argument that would persuade them otherwise

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