The said term is said to be an inclusion of certain multiple areas of focus as a vital body used to explain a comprehensive marketing plan. It clearly points to a certain classifications which are common that began as the four Ps which has the inclusion of factors like product, price, placement, and promotion. All these factors are of the marketing mix and are known to influence each other. They make up the business plan for a company and handled right, can give it great success. It is of great value too because of its help in focusing on a marketing mix helps organizations make strategic decisions when launching new products or revising existing products.
Answer: Establish a business environment that promotes and rewards entrepreneurship
Entrepreneurship simply means setting up a business or an enterprise in order to make profit and also create wealth.
From the question, we are informed that Cantlivia is a small and poor nation, but its current prime minister has a desire to create more wealth for her citizens. The best recommendation will be for the prime minister to establish a business environment whereby entrepreneurship is promoted and rewarded.
When this is done, wealth will be created among the people in the nation as most of them will have their own businesses. This will also lead to the economic growth of the country as there will be an increase in it's gross domestic product. Also, more businesses will lead to creation of more jobs.