Distinguish between pricing policies and strategies. What are the objectives of pricing decision in marketing management? Elaborate upon prominent pricing policies.
Describe the different patterns of distribution channels and explain the components of physical distribution system in marketing management.
Distinguish between marketing control and marketing planning.
Describe the concept of market segmentation. What are the variables commonly used in segmenting markets? Illustrate your answer with reference to any two products.
"Product planning is the starting point of the entire marketing programme in a firm." Elucidate the scope of product planning.