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In a marketing plan, a description of the economic environment would be found in the ____________.

a) Internal situation
b) Macro-situation
c) Competitive situation
d) Current market situation

User EJK
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1 Answer

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Final answer:

In a marketing plan, the description of the economic environment is found in the Macro-situation.

Step-by-step explanation:

In a marketing plan, a description of the economic environment would be found in the Macro-situation.

The economic environment refers to the overall economic conditions that can impact the marketing strategy and operations of a company. This includes factors such as economic growth, inflation, unemployment, interest rates, and consumer spending patterns.

By analyzing the economic environment, a business can better understand the opportunities and challenges it may face in the market, and make informed decisions about pricing, product development, and targeting specific customer segments.

User Ashy
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