- A.The Marketing Concept
- B.The Marketing Mix (4 Ps) ✓
- C.Value Proposition
- D.The Societal Marketing Concept
Lululemon is the textbook illustration of The Marketing Mix (4 Ps). The detailed walkthrough is in the concept guide. The other options are valid concepts but do not match the specific mechanics in this example.
How to think about questions like this
Application questions test whether you can connect a real-world example to the right framework. The trick is to ignore the surface details (industry, company name) and focus on the underlying mechanic the example illustrates.
For The Marketing Mix (4 Ps) specifically, look for the signal: Anything you change in one P creates a ripple in the other three. That signal is what distinguishes the right answer from plausible-sounding alternatives.