GK
MARKETING MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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They require a lot of time and effort to write
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They are important only for new businesses
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They are internal documents written for management
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They work best for big companies
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Detailed explanation-1: -It includes SMART marketing goals, deadlines, action steps, long-term objectives, target audiences, core marketing messages, and metrics. The plan is detailed, yet scannable. By the end of it, one can walk away with a strong understanding of the organization’s strategic direction for their upcoming marketing efforts.
Detailed explanation-2: -Marketing plans help identify and reach your target market The next reason developing a marketing plan is so important is that it helps you to identify and reach your target market, so you can understand how to best meet their needs.
Detailed explanation-3: -A marketing plan is developed for a specific time period, usually six months to one year.
Detailed explanation-4: -A marketing plan is part of a business plan, which describes all of the important aspects of a business, such as its goals, values, mission statement, budget, and strategies.