Which of the Following Statements Is True with Regard to a Marketing

question 56

Multiple Choice

Which of the following statements is true with regard to a marketing plan?

• A)A marketing plan must focus on the larger market without breaking it down into its constituent markets.
• B)A marketing plan can lose focus by looking at niche markets to promote the business.
• C)A marketing plan must be highly formalized to be successful in the real scenario.
• D)A good marketing plan will avoid profiling target customers.
• E)A marketing plan can help a company clearly position itself in a variety of market segments.

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Definitions:

Organizational Change

The process through which a company or organization goes through transformation or adaptation in its structures, strategies, or processes.

Emergency Aid

Assistance provided in response to a crisis or disaster to meet the immediate needs of affected individuals or communities.

Reducing Workload

Actions taken to decrease the amount of work assigned to an individual or team, often for improving efficiency or well-being.

Physical Retreat

Physical retreat means withdrawing to a safe or quiet place to escape from stressful or demanding situations.