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Marketing Management, 16th Edition
book

Marketing Management, 16th Edition

by Philip T. Kotler, Kevin Lane Keller, Alexander Chernev
June 2021
Intermediate to advanced
608 pages
35h 33m
English
Pearson
Content preview from Marketing Management, 16th Edition

Developing a Marketing Plan

The marketing plan directs and coordinates all company marketing efforts.25 It is a tangible outcome of a company’s strategic planning process, outlining the company’s ultimate goal and the means by which it aims to achieve this goal. In order to serve its ultimate purpose of guiding a company’s actions, the marketing plan must effectively communicate the company’s goal and its proposed course of action to relevant stakeholders—company employees, collaborators, shareholders, and investors.

The scope of the marketing plan is narrower than that of the business plan because marketing covers only one aspect of a company’s business activities. A company’s business plan addresses not only the marketing aspect of the company’s ...

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Publisher Resources

ISBN: 9780135323199