A Long-Term Time Frame Is Most Closely Associated With

question 67

Multiple Choice

A long-term time frame is most closely associated with:

• A) operational plans.
• B) tactical plans.
• C) strategic plans.
• D) mission plans.
• E) tactical goals.

---

Definitions:

Targeting Strategy

An approach businesses use to identify and serve specific segments of the market that are most likely to benefit from their products or services.

Market Segments

Subsets of a market composed of individuals or organizations with similar characteristics, needs, or behaviors that a business targets as part of its marketing efforts.

Positioning Strategy

A marketing approach that aims to establish a brand or product in the mind of the target audience in comparison to competitors.

Marketing Mix

A foundational model in marketing representing the basic elements that can be controlled to appeal to customers, traditionally defined as product, price, place, and promotion.