... reserved Strategic Planning in Contemporary Marketing 31 Each element of the marketing mix - product, price, distribution, and promotion - is a subset of the overall marketing strategy ANS: OBJ: ... Model Marketing Plan | R&D Managing decisionmaking processes MSC: AP Define marketing strategy What are its elements? When is a marketing strategy implemented? Give an example ANS: The marketing ... Model Marketing Plan | R&D Managing decisionmaking processes MSC: KN 49 Copyright ©2012 by South-Western, a division of Cengage Learning All rights reserved Strategic Planning in Contemporary Marketing...