Quiz: The 4 Ps of Marketing and Unique Value PropositionsItem at position 1 12.5 points Item 1 is unpinned. Click to pin.PACE, a framework that can help marketers keep track of the important steps to develop a successful marketing plan, stands for -Price, Audience, Customers, EvaluationPromotion, Advertise, Commercials, EmailsProduct & Positioning, Audience, Customer Journey, EvaluationProduct, price, place and promotionItem at position 2 12.5 points Item 2 is unpinned. Click to pin.What do the 4 Ps of marketing stand for?Product & positioning, audience, customer journey, evaluationProduct, price, place, and promotionPositioning, product, price, and unique value propositionPrice, payment, position, and productItem at position 3 12.5 points Item 3 is unpinned. Click to pin.Which of the following is the most accurate definition of a UVP (unique value proposition)?The product, price, place and promotion that your company offersA concise statement that describes the benefit you offer to customersA company’s target audienceA detailed description of how your company stands out from your competitorsItem at position 4 12.5 points Item 4 is unpinned. Click to pin.