Procter & Gamble (P&G) is a consumer packaged goods company where innovation is a key competitive advantage. This allows the firm to develop new products like Crest Whitestrips that consumers desire. P&G also uses its marketing expertise to develop unique product placements on television shows that highlight its brands. A SWOT analysis for P&G would indicate that innovation in product design and marketing is ________ for the firm.
A) a strength
B) a weakness
C) a threat
D) an opportunity
E) a problem
Correct Answer:
Verified
Q230: Within the strategic marketing process, the _
Q243: Step 2 in the planning phase of
Q246: A situation analysis refers to
A) taking stock
Q252: Step 3 in the planning phase of
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