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Company A announced record-breaking profits this year, attributing its success to a new marketing strategy. However, Company B, a competitor in the same market segment, also reported significant profits without changing its marketing approach. What conclusion can most likely be drawn about the effectiveness of respective marketing strategies?
Company A announced record-breaking profits this year, attributing its success to a new marketing strategy. However, Company B, a competitor in the same market segment, also reported significant profits without changing its marketing approach. What conclusion can most likely be drawn about the effectiveness of respective marketing strategies?
Updated On: Aug 4, 2024
- Company A’s previous marketing strategy was flawed in its conception
- Company B’s marketing strategy was significantly more effective than Company A’s revised strategy.
- Company A’s profits were solely influenced by its marketing strategy.
- Company B’s profits were solely due to its marketing strategy.
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The Correct Option is A
Solution and Explanation
The correct option is (A): Company A’s previous marketing strategy was flawed in its conception
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