GK
MARKETING MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Marketing planning is a managerial function
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In envisages determination of the future course of marketing action
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It involves an analysis of past events and projection of future events
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All of the above
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Detailed explanation-1: -Marketing Goals and Objectives. Define Your Target Audience. Research Marketing Tactics. Plan Your Marketing Tactics. Develop Your Timeline and Budget. 12-Jan-2021
Detailed explanation-2: -The four Ps of marketing is a marketing concept that summarizes the four key factors of any marketing strategy. The four Ps are: product, price, place, and promotion.
Detailed explanation-3: -The 7 Ps of Marketing These seven are: product, price, promotion, place, packaging, positioning and people. As products, markets, customers and needs change rapidly, you must continually revisit these seven Ps to make sure you’re on track and achieving the maximum results possible for you in today’s marketplace.
Detailed explanation-4: -The 5 P’s of marketing – Product, Price, Promotion, Place, and People – are a framework that helps guide marketing strategies and keep marketers focused on the right things.
Detailed explanation-5: -The key elements of any successful marketing plan include the concepts of product, price, place and promotion, also known as the four Ps of marketing. The marketing mix of the four Ps functions as a guide to help the marketing manager successfully develop a strategy for promoting products and services to customers.