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Lesson-2

Class -3
Principles of Marketing
Chapter Question.
• What are the components of Marketing Mix? Discuss 4Ps and 7Ps
concept of Marketing Mix. (Read from books and internet also use
diagram in your answer).
• Illustrate with schematic diagram the properties of under each
component of 4Ps and 7Ps. (for answer see slide 4,5&8).
• Discuss in brief the product lifecycle with diagram. What happen with
most of the products before declining stage? Explain with example.
(For answer see slide 9 + text book).

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