Question

Which of the following is part of the marketing mix for goods?

1) place
2) profit
3) value
4) people

Answer 1

The marketing mix for goods consists of the four Ps: Product, Price, Place, and Promotion. Place refers to the distribution channel or the location where the product is made available to the customers.

Step-by-step explanation:

The marketing mix for goods consists of the four Ps: Product, Price, Place, and Promotion. Out of the options given, the correct answer is 1) Place. Place refers to the distribution channel or the location where the product is made available to the customers. It includes factors such as the physical store, online platforms, and any other means through which the customer can access the product.