Which of the Following Is a Disadvantage of Not Developing

question 44

Multiple Choice

Which of the following is a disadvantage of not developing a marketing plan?

• A) It forces a business to think about both short and long-term marketing strategies.
• B) The business gets a higher return on investment.
• C) It eliminates waste by building efficiency of limited resources.
• D) It can push a business into a meandering mode.
• E) Decisions regarding marketing mix become easier.

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Definitions:

Medicaid

A government-funded program in the United States that provides health coverage to eligible low-income adults, children, pregnant women, elderly adults, and people with disabilities.

Health Insurance

A type of insurance coverage that pays for medical and surgical expenses incurred by the insured or reimburses the insured for expenses incurred from illness or injury.

Terminally Ill

A medical condition that is severe and incurable, leading inevitably to death, often involving significant pain and suffering.

Medical Subculture

A subgroup within the broader medical community with distinct beliefs, behaviors, and practices, often formed around specialized fields or shared experiences.