Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The original four Ps are product, price, place, and promotion. Modern marketing realities suggest a more representative set that encompasses modern marketing realities:people, processes, programs,
The original four Ps are product, price, place, and promotion. Modern marketing realities suggest a more representative set that encompasses modern marketing realities:people, processes, programs, and performance. Explain why these new 4Ps are important in any established or new business.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
The shift from the traditional 4Ps Product Price Place Promotion to the modern 4Ps People Processes Programs Performance reflects the evolving landsca...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started