Which of the following is correct regarding the 70/20/10 approach to managing marketing resources?

A) 70% of the budget should go toward systematically learning from experiments.
B) 20% of the budget for sustaining innovation
C) 20% of the budget for proven marketing strategies
D) 10% for historically useful tactics
E) 70% of the budget for sustaining innovation and creativity

B

Business

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Indicate whether the statement is true or false

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What will be an ideal response?

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