ENTREPRENEURSHIP

ENTREPRENEURIAL PLANNING

MARKETING PLAN DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Sports properties (venues) are often the heart of a marketing plan and the financial plan of a sports team.
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -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.

Detailed explanation-2: -The marketing implementation section of the marketing plan outlines how the company will achieve its objectives.

Detailed explanation-3: -The purpose of a marketing plan is to define strategies to engage audiences in order to achieve business objectives. The goal of a marketing plan is to ensure marketing activities are structured, relevant, and timely to achieve an organization’s objectives.

There is 1 question to complete.