ENTREPRENEURIAL PLANNING
MARKETING PLAN DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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channel management
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marketing planning
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marketing information mgmt
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product/service mgmt
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Detailed explanation-1: -A marketing function that involves obtaining, maintaining, developing, and improving product service mix in response to a market opportunities. A marketing function that involves creative thinking, opportunities, and correct product service mix.
Detailed explanation-2: -Define “Marketing”. The process of developing, promoting, and distributing products, or goods and services, to satisfy customers’ needs and wants. Goods are tangible items such as sports equipment. That is, you can touch and feel them.
Detailed explanation-3: -Product service management (PSM) is a marketing function that focuses on improving a product or service in response to market changes. It involves an ongoing evaluation of their features in order to improve or modify the items as required.