ENTREPRENEURIAL OPPORTUNITIES
IDENTIFYING AND EVALUATING BUSINESS OPPORTUNITIES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Where in a marketing plan would a business owner place the plans to communicate with its customers?
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Marketing strategies and programs
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Marketing Objectives
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Situation analysis
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Executive summary
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Explanation:
Detailed explanation-1: -Promotion. In the marketing mix, the term “promotion” refers to the communications that occur between the company and the customer.
Detailed explanation-2: -A marketing strategy contains the company’s value proposition, key brand messaging, data on target customer demographics, and other high-level elements. A thorough marketing strategy covers the four Ps of marketing: product, price, place, and promotion.
Detailed explanation-3: -The marketing strategy portion of your business plan presents the approach you plan to take to provide products or services to your customers.
There is 1 question to complete.