Which of the Following Statements Reflects the Key Elements in Developing

question 274

Multiple Choice

Which of the following statements reflects the key elements in developing a marketing strategy for L. M. Schofield, Inc., a company that produces specialized concrete surfaces for heavily trafficked areas such as retail outlets and amusement parks?

• A)Buy ads in all the major trade journals that explain the variety of surfaces available and what uses each has.
• B)Communicate with contractors using direct mail about the various walking surfaces Schofield can create for riding and walking paths.
• C)Design a sample ad and test it using visitors at a trade show.
• D)Hire six new sales representatives for the Midwest regional office and train them on all aspects of concrete surfaces.
• E)Conduct a focus group to decide on which surface to use for a theme park in Brazil.

---

Definitions:

Financial Terms

Specific phrases and words used to describe operations, processes, items, and concepts in the financial and accounting industries.

Enforcing The Budget

The process of ensuring that spending is in line with the budgets allocated by an organization.

Evaluating Performance

The process of assessing and reviewing the productivity, effectiveness, and efficiency of an individual, group, or entity, often in a business context.

Recurring Basis

A consistent and ongoing manner of operation or occurrence, typically referring to events or processes that happen at regular intervals.