The process of marketing strategy planning is about

A. figuring out how to offer products at the lowest possible price.
B. choosing the most profitable market opportunity, regardless of the firm's current abilities and resources.
C. narrowing down possible market opportunities to the most attractive ones.
D. identifying as many market opportunities as can be imagined.
E. creating products that managers like.


Answer: C

Business

You might also like to view...

Select the statement that BEST describes ownership of electronically stored infor-mation

a. Laws about taking another writer's copyrighted material remain unclear. b. Issues about ownership of electronically stored information are still being re-solved. c. One can legally modify information in an electronic file and claim it as one's own. d. Video files are not protected by copyright law.

Business

Which one of the following account groups will decrease with a debit?

A) assets and expenses B) revenues and expenses C) liabilities and revenues D) assets and liabilities

Business

Most states have a presumption favoring a fee simple determinable language construction

Indicate whether the statement is true or false

Business

Mike made the following offer to Mick: "I will pay you $500 if you agree to paint my house." Mick replied that he would. At this point, the contract is an

A. executed, bilateral, express contract. B. executory, bilateral, implied-in-law contract. C. executed, unilateral, express contract. D. executory, bilateral, express contract.

Business