Asked by Preston Tribble on May 04, 2024
Verified
In the context of marketing planning, why is it vital that the marketing plan be capable of selling itself to top management?
A) Because top managers are responsible for executing the marketing plan.
B) Because top managers must ensure that the marketing program is successful.
C) Because top managers must be able to clearly communicate the strategy to external stakeholders.
D) Because top managers must decide whether the marketing plan is the best use for the organization's scarce resources.
E) Because top managers are compensated on how well the marketing strategy works.
Marketing Plan
A comprehensive document outlining a company's marketing efforts, including strategies, target markets, and specific actions to reach marketing objectives.
Top Management
The highest level of management within an organization, responsible for setting strategies, goals, policies, and making major corporate decisions.
- Understand the methods top management uses to assess a marketing plan.
Verified Answer
KS
Katelynn SullawayMay 11, 2024
Final Answer :
D
Explanation :
Top managers are responsible for allocating the organization's limited resources efficiently. A marketing plan must convince them that investing in the proposed marketing activities is the best use of these scarce resources compared to other potential investments.
Learning Objectives
- Understand the methods top management uses to assess a marketing plan.
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