BUISENESS MANAGEMENT
MARKETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The marketing objectives of non-profit organizations is least likely to include
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To gain higher market share
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To generate a financial surplus
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To improve brand recognition
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To increase sales turnover
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Explanation:
Detailed explanation-1: -Build brand awareness. Grow market share. Launch new products or services.
Detailed explanation-2: -There are a number of strategies a company can put to work to increase market share. These include improving innovation, building and solidifying customer loyalty, employing a talented, dedicated workforce, acquiring other companies, deploying effective advertising, and pricing products and services efficiently.
Detailed explanation-3: -What Are Marketing Objectives? Marketing objectives are the outcomes a brand wants to generate from its marketing activities. They should be measurable (and realistic) so that you can map out your efforts in a strategic and focused way.
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