QUESTION IMAGE
Question
which two elements are part of a marketing plan? (choose 2.)
note: you will receive partial credit for each correct answer
□ a. target audience
□ b. goals and objectives
□ c. products profit margins
□ d. exit strategy
A marketing plan outlines strategies to reach customers and achieve business goals. Target audience (A) defines who the marketing efforts are directed at, a core component. Goals and objectives (B) set measurable targets for the plan, another essential element. Product profit margins (C) fall under financial analysis, not the marketing plan itself. Exit strategy (D) is related to business closure/exit, not marketing.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
A. Target audience
B. Goals and objectives