Please Define the Following Key Terms

question 15

Essay

Please define the following key terms. Show Who? What? Where? When? Why Important?
-Laissez faire

---

Definitions:

Social Media Mix Selection

The strategic choice of social media platforms and tools best suited to reach an organization's marketing goals and target audience.

Corporate Blog

A blog published and used by an organization to reach its goals, share insights, and connect with its audience.

Objective And Task Method

A budgeting approach where a company sets a budget based on the costs of the tasks necessary to achieve specific marketing objectives.

Competitive Parity Method

A marketing budgeting strategy where a company's spend is in line with its competitors to prevent market share loss.