Companies that operate large marketing departments,conduct expensive marketing research,spell out elaborate competitive strategies,and spend huge sums on advertising are using competitive marketing strategies.
A)red ocean
B)blue ocean
C)informal
D)innovative
E)formal

Question

Quizplus · Accepted Answer

Companies that operate large marketing departments, conduct expensive marketing research, spell out elaborate competitive strategies, and spend huge sums on advertising are using formal competitive marketing strategies. This type of strategy is highly structured and detailed, with clear goals and methods for achieving them.

Companies That Operate Large Marketing Departments,conduct Expensive Marketing Research,spell Out