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Explain the four basic elements in marketing.

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I) product -the product must satisfy the consumer needs

II) price-refers to the decision relating to the price charged to the product

Place -refers to physical distribution and it involves transfer of ownership to consumers

Promotion -the activities undertaken to make the product known to the public

Wincate 1 answered the question on October 5, 2017 at 18:23

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Explain the four basic elements in marketing.

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