GENERAL KNOWLEDGE

GK

MARKETING MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is an important benefit of marketing plans?
A
They develop exciting products
B
They help recruit quality employees
C
They ensure a yearly profit
D
They can help obtain funding
Explanation: 

Detailed explanation-1: -Which of the following is an important benefit of marketing plans:-They ensure a yearly profit.

Detailed explanation-2: -The Most Important Piece of a Marketing Plan Is Your Targeted Customer. Knowing and anticipating the wants and needs of your customers shapes all the other elements of your plan.

Detailed explanation-3: -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-4: -Messages that potential customers find relevant and timely. Measurable vehicles for disseminating those messages. Methods that easily and profitably convert prospects into customers. 25-Sept-2017

There is 1 question to complete.