The Two Basic Elements of a Marketing Strategy Are the Market

question 95

True/False

The two basic elements of a marketing strategy are the market research and the marketing mix.

---

Definitions:

Private

Pertaining to or owned by an individual or entity not affiliated with the government or public sectors.

Common

Referring to something usual, shared, or widespread; often contrasted with what is unique or uncommon.

Strong Cultures

Corporate or organizational cultures that are highly cohesive, with shared values and norms guiding employee behavior and contributing positively to the organization's performance.

Flexible

Capable of adapting to changes and varying circumstances without significant difficulty, often considered an advantageous trait in individuals and organizations.