Identify the factors which determine the length of a long-term-marketing plan.

4 years ago
Marketing

The factors which determine as to whether a long-term marketing plan should be for 3 or 5 years or more may be the following, among others:

(i) Product development time

(ii) Resource development time

(iii) Market  development time

(iv) Physical facilities development time

(v) Pay-off time for capital investment

(vi) Product life, etc.

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Susmita Sah
Jan 17, 2022
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