For the planning of period, the development of specific goals is called __________?
Correct answer: A. goal formulation
- A. goal formulation
- B. goal achievement
- C. goal hierarchy
- D. quantitative objective
Explanation
Goal formulation is the stage in which an organisation develops specific goals for a planning period. Goal achievement is the later result, while goal hierarchy concerns the ranking of goals rather than their creation.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? support@testustad.com
About Marketing
Marketing covers how organisations identify customer needs, create value and exchange products or services through suitable markets. Key concepts include market segmentation, targeting, positioning, consumer behaviour, the marketing mix of product, price, place and promotion, branding, product life cycle and differences between marketing and selling.
Practise Marketing
1,700 free Marketing MCQs from Management Sciences, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Exams that ask Management Sciences questions like this
Management Sciences is on 2 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.
More Marketing questions
The planning of target market and value proposition of firm is the part of ___________?
When two companies join hands to market new or complementary products, it is best classified as __________?
The analysis of strengths and weaknesses are included in __________?
The process of defining customer focuses on selling a product to existing market is called _________?
The assessment of growth opportunities is the part of ____________?
When a firm offers logistical services for some other company's product, it is said to be _________?