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The four ps, or marketing mix, are the ________ set of activities that a firm uses to respond to the needs of its target market.

Respuesta :

The four ps, or marketing mix, are the internal set of activities that a firm uses to respond to the needs of its target market.

In economics, a market is a system, institution, process, social relationship, or infrastructure configuration in which parties exchange ideas. Although parties can exchange goods and services through barter, most markets rely on sellers offering goods and services to buyers in exchange for money. A market is defined as a place where one can buy things or there is a demand for a particular item. Examples of markets are grocery stores and farmers' markets with stalls selling fruits and vegetables.

The market is defined as the aggregate of all buyers and sellers in the region or regions under consideration. A region can be a globe, country, region, state, or city. The value, cost, and price of traded items are governed by the forces of supply and demand in the market.

Learn more about the market here

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