Which of the following is true of budgeting the marketing strategy

Question

Quizplus · Accepted Answer

The budgeting of marketing action and strategy decisions will be useful in preparing the financial plan as it helps in estimating the costs associated with the marketing activities and hence, helps in determining the required budget. Options A and B are not correct as the budgeting of the marketing strategy depends on various factors, such as the business's goals, industry, target market, and competition. Option C is also not entirely accurate as the marketing budget percentage can vary based on the above factors.

Which of the Following Is True of Budgeting the Marketing