Examveda

Arrange the following elements of marketing in their correct order.
1. Planning
2. Strategy
3. Tactics
4. Research

A. 1, 2, 3, 4

B. 4, 2, 1, 3

C. 2, 3, 4, 1

D. 3, 2, 1, 4

Answer: Option B

Solution (By Examveda Team)

The correct order for the elements of marketing is:

1. Research – Conducting research is the first step to gather information and insights.

2. Strategy – Based on research findings, the next step is to develop a strategy.

3. Planning – Planning involves creating detailed plans to implement the strategy.

4. Tactics – Finally, tactics are the specific actions taken to execute the plan.

Therefore, the correct order is 4, 2, 1, 3.

This Question Belongs to Commerce >> Marketing Management

Join The Discussion

Comments (1)

  1. Tan Singh
    Tan Singh:
    1 year ago

    Wrong answer right is first do research then prepare plan and after we make strategy and finally tactics.

Related Questions on Marketing Management