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