the component of marketing mix that is put in a consumable form to satisfy the consumer is

Assessment: WAEC SSCE - Commerce - 2016 (Objective) Subject: Commerce

Question 1 Report

the component of marketing mix that is put in a consumable form to satisfy the consumer is

Answer Details
The component of the marketing mix that is put in a consumable form to satisfy the consumer is the "product". A product is any tangible or intangible thing that a business offers to its customers to satisfy their needs or wants. It can be a physical item like a car, a book, or a piece of clothing, or it can be a service like a haircut, a massage, or an insurance policy. The product is the heart of the marketing mix, as it is the main reason why customers will choose to do business with a company. It must be designed and developed with the customer in mind, and it must provide value and benefit to the customer in order to satisfy their needs or wants. In summary, the product is the component of the marketing mix that is put in a consumable form to satisfy the consumer, as it is the tangible or intangible thing that a business offers to its customers to meet their needs or wants.

Download The App On Google Playstore

Everything you need to excel in your exams

Green Bridge CBT Mobile App
Personalized AI Learning Chat Assistant
200,000+ Exam Questions Across IGCSE, JAMB, WAEC & NECO
Over 3,900 Lesson Notes
Offline Support - Learn Anytime, Anywhere
Green Bridge Timetable
Literature Summaries & Potential Questions
Track Your Performance & Progress
In-depth Explanations for Comprehensive Learning