ENTREPRENEURIAL MARKETING
MARKETING MIX
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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An electronics superstore buys a research study about its competitors.
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Distribution
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Promotion
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Information Management
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Pricing
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Explanation:
Detailed explanation-1: -Competitive intelligence refers to the ability to gather and use information on factors that affect a company’s competitive advantage.
Detailed explanation-2: -Although the product development process differs by industry, it can essentially be broken down into seven stages: ideation, research, planning, prototyping, sourcing, costing, and commercialization.
Detailed explanation-3: -Marketing teams use the compiled information to make decisions about all aspects of future projects. They can also use marketing information management to create informed business plans and decide in which direction to take their products or services.
There is 1 question to complete.