ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Marketers plan where they need to go and how to get there efficiently in order to
A
lay out their strategies.
B
agree upon a goal.
C
measure their success.
D
achieve satisfying connections.
Explanation: 

Detailed explanation-1: -To achieve satisfying connections, marketers plan where they need to go and how to get there efficiently. Then, of course, they do what it takes to go the distance. What does it take for you to go the distance?

Detailed explanation-2: -What are the 4Ps of marketing? (Marketing mix explained) The four Ps are product, price, place, and promotion. They are an example of a “marketing mix, ‘’ or the combined tools and methodologies used by marketers to achieve their marketing objectives.

Detailed explanation-3: -How is a marketing plan used by marketers to set up a business on a journey towards success? It helps marketers present the recommended marketing strategy to various stakeholders in the company and creates a common vision in the company to coordinate resources and efforts.

Detailed explanation-4: -What do marketers do with their strategies in order to fit their purposes? Closely look at details to make sure that each strategy fits their goal and in the long run will give the company/product success.

Detailed explanation-5: -Promotion refers to the various types of communication that marketers use to inform, persuade, or remind customers about their products.

There is 1 question to complete.