Asked by Sarahi Rivera on May 01, 2024

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When using the objective-and-task method of IMC budgeting, which process must be repeated for each product or service?

A) choose media, target audience, create message
B) set objectives, choose media, determine costs
C) identify team members, create objectives, develop media
D) establish plan, set objectives, choose media
E) create objectives, set budget, plan media

Objective-and-task Method

The objective-and-task method is a budgeting technique where a company defines specific marketing objectives and then estimates the costs of tasks needed to achieve these objectives, thereby determining the marketing budget.

IMC Budgeting

IMC stands for Integrated Marketing Communications; it refers to the process of allocating funds towards a cohesive marketing strategy that integrates various communication tools and channels.

Set Objectives

The process of defining specific, measurable goals that a person or organization aims to achieve within a timeframe.

  • Acquire knowledge on the techniques for setting Integrated Marketing Communications (IMC) budgets and the determinants that affect budgetary choices.
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ZK
Zybrea KnightMay 05, 2024
Final Answer :
B
Explanation :
The objective-and-task method of IMC budgeting involves setting objectives, choosing media, and determining costs for each product or service individually. This means that the process of setting objectives, choosing media, and determining costs must be repeated for each product or service that the company wishes to promote. Option B lists these steps in the correct order for this method of budgeting.