Marketing managers should determine objectives that will lead to a Blank______.Multiple choice question.deficitprofitcapital expenditure programhigh price
Question
Marketing managers should determine objectives that will lead to a Blank______.
Multiple choice question.
- deficit
- profit
- capital expenditure program
- high price
Solution
Break Down the Problem
- Identify the keywords in the question: "Marketing managers," "objectives," and "lead to."
- Analyze the options given: deficit, profit, capital expenditure program, high price.
Relevant Concepts
- The role of marketing managers typically involves setting objectives that align with the overall financial goals of the organization.
- Objectives in marketing should aim to maximize revenue and profitability rather than creating deficits or high prices without justification.
Analysis and Detail
- Deficit refers to a shortfall, which is generally not a goal for marketing strategies.
- Profit is the positive financial outcome that companies aim for through successful marketing efforts.
- Capital Expenditure Program relates to investment strategies rather than direct marketing objectives.
- High Price could sometimes be a goal, but often it is a consequence of the value offered.
Verify and Summarize
Considering these options, the objective of marketing management is to create strategies that result in profit, supporting the company's financial health.
Final Answer
Profit
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