Marketing Mix Paper MKT 421 Write a 1,400- to 1,750-word composing in which you describe the elements of the trade cockle: product, place, price, and promotion. Include the future(a): strike your selected physical composition and the assiduity in which it exists. Select an transcription with which you be familiar and describe how each one of the iv elements of the marketing mix affects the growth of the organizations marketing strategy and tactics. place how each element is implemented. Identify your selected organization and the industry in which it exists P.F. Changs China Bistro Incorporated is the p arnt corporation of its two concepts, P.F. Changs China Bistro and Pei Wei Asian Diner. Their more flourishing concept, P.F. Changs China Bistro, is a premium free-and-easy Chinese restaurant that opts to deliver quality American influenced Chinese cuisine. two sister concepts falls under the category of the nourishment and dr ink industry. The scratch line P.F. Changs location was opened in Scottsdale, genus Arizona in 1993. Since then, the company has successfully opened over two hundred locations worldwide. P.F. Changs is currently focusing on expanding their international locations. The Puerto anti-racketeering law location is the next international chess opening and is due deep down months.
The company is as salutary as contracted to open five locations in the Philippines, with their first store opening in the beginning of 2012 in the Manila. Describe how each one of the quaternary elements of the marketing mix affe cts the development of the organizations mar! keting strategy and tactics The four elements of the marketing mix atomic number 18 price, product, promotion and place. These are likewise known as the Four Ps of marketing, a useful short hand reference to them first engagement by published by Professor E. Jerome McCarthy (Kerin & Hartely, p.12). The four elements are interrelated, for example a promotion may include a change in price. These controllable factors are the essential tools marketing...If you pauperization to get a full essay, order it on our website: OrderCustomPaper.com
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