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What Is the Difference Between a Marketing Plan and a Marketing

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What is the difference between a marketing plan and a marketing strategy?


Definitions:

Investment Turnover

A metric assessing how effectively a firm turns asset investments into revenue.

Profit Margin

A financial ratio that shows what percentage of sales has turned into profits, essentially capturing the level of profitability of a company.

Return on Investment

A measure of the gain or loss generated on an investment relative to the amount of money invested.

Budget Performance

The comparison of actual financial outcomes against the planned or budgeted amounts.

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