Which of the following statements regarding marketing strategies is FALSE?
A. These strategies require decisions about the specific customers the firm will target and the marketing mix the firm will develop to appeal to that target market.
B. These strategies must meet the needs of target customers, and a firm is likely to get a competitive advantage if it just meets needs in the same way as some other firm.
C. Developing successful marketing strategies doesn't need to be a hit-or-miss proposition.
D. Most companies implement more than one marketing strategy and related marketing plan at the same time.
E. It is useful to think of the marketing strategy planning process as a narrowing-down process.
Answer: B
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