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.
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Comments (1)
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Markets which are organized and regulated by statutory measure are:
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Wrong answer right is first do research then prepare plan and after we make strategy and finally tactics.