BUSINESS ADMINISTRATION
MARKETING MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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distribution
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marketing information management
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selling
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promotion
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Detailed explanation-1: -The correct answer is (b) distribution The distribution marketing function determines the best ways for customers to check what product is available for them and at what location.
Detailed explanation-2: -Sales forecasting is the process of estimating future revenue by predicting the amount of product or services a sales unit (which can be an individual salesperson, a sales team, or a company) will sell in the next week, month, quarter, or year.
Detailed explanation-3: -A marketing strategy is a long-term plan for achieving a company’s goals by understanding the needs of customers and creating a distinct and sustainable competitive advantage. It encompasses everything from determining who your customers are to deciding what channels you use to reach those customers.
Detailed explanation-4: -As we’ve mentioned, place is the element of the marketing mix that ensures that the product is distributed and made conveniently available for the consumer-at the right location at the right time.