What is the term for a detailed strategy for focusing marketing efforts on consumers' needs and wants?
A) Marketing mix
B) Marketing manager
C) Product differentiation
D) Product development
E) Marketing plan

Question

Quizplus · Accepted Answer

A marketing plan is a detailed strategy that outlines how a company will focus its marketing efforts on consumers' needs and wants. It includes information on target markets, competitive analysis, marketing tactics, and budgeting. The other options, such as marketing mix, marketing manager, product differentiation, and product development, are all important components of marketing but do not encompass the comprehensive strategy outlined in a marketing plan.

What Is the Term for a Detailed Strategy for Focusing