BUSINESS ADMINISTRATION
MARKETING MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Detailed explanation-1: -While the primary goal of marketing is to generate revenue, marketing achieves this desired state through a unique approach as compared to other business units such as sales or customer service. Awareness: Target audience knows your brand and solution.
Detailed explanation-2: -Convenience Goods These are products that consumers purchase often and habitually, without much thought given.
Detailed explanation-3: -Substantial: The market segments are large or profitable enough to serve. Differentiable: The segments are respond differently to different marketing mix elements and programs.
Detailed explanation-4: -A marketing plan is the advertising strategy that a business will implement to sell its product or service. The marketing plan will help determine who the target market is, how best to reach them, at what price point the product or service should be sold, and how the company will measure its efforts.