Successful ________ Should Reduce Costs or Increase Revenue Possibilities,or Both

question 158

Multiple Choice

Successful ________ should reduce costs or increase revenue possibilities,or both.

• A)diversification strategies
• B)competitive advantage
• C)social media strategies
• D)design thinking

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Definitions:

Marketing Strategies

Plans of action designed to promote and sell a product or service by identifying target markets and developing a mix of marketing tactics to reach them.

Accomplished

Refers to successfully achieving a goal or completing a task to a high standard.

Marketing

What the marketing efforts of a business are intended to accomplish and how.

Market Research

The process of gathering, analyzing, and interpreting information about a market, including information about potential customers, competitors, and the industry as a whole.