INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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As part of their marketing plans, what do businesses develop first that are intended to lead to increased sales and revenue?
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Objectives
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Strategies
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Tactics
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Activities
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Explanation:
Detailed explanation-1: -The marketing planning process starts by defining the company’s business environment and competitive positioning. From there, it moves on to identifying what is needed in terms of market research, target markets, and marketing objectives.
Detailed explanation-2: -Create an executive summary. Identify your target market. Differentiate your brand with inbound marketing. Identify competitors that also target your customers. State your brand position for your target customers. Budget the plan. 21-Feb-2023
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