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1. Fill out the blanks.What is one good word or phrase to represent each of 4Ps;Product >>>>>…

1. Fill out the blanks.What is one good word or phrase to represent each of 4Ps;Product >>>>>…

1. Fill out the blanks.What is one good word or phrase to represent each of 4Ps;Product >>>>> ( )Place >>>>> ( )Promotion >>>>> ( )Price >>>>> ( )2. According to Prof. Philip Kotler, marketers should make the five majordecisions (known as 5Ms) in developing advertising program.What are they? Briefly summarize the 5Ms. 3. Describe Market-Oriented Pricing Methods.