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In the simulation, who is responsible for final approval of the marketing strategy?

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Final answer:

In a simulation, the final approval of a marketing strategy typically comes from senior management or the executive team, such as the board of directors, CEO, or CMO.

Step-by-step explanation:

In a simulation involving a marketing strategy, the final approval typically lies with senior management or the executive team of a company. This may involve a board of directors, the Chief Executive Officer (CEO), the Chief Marketing Officer (CMO), or a similar high-level position within the organization. These individuals are responsible for ensuring that the marketing strategy aligns with the overall business goals and objectives, and that it has a strong chance of achieving success in the market.

It's important to note that while different companies may have varying processes for finalizing a marketing strategy, the central premise is that the final approval comes from the top tier of the company's leadership.

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