Question: 1 C . MARKETING OBJECTIVES Accra Brewery's ( AB s ) aims, cultures, values, and critical competencies were considered before establishing its marketing objectives. But

1C. MARKETING OBJECTIVES
Accra Brewery's (ABs) aims, cultures, values, and critical competencies were considered before establishing its marketing objectives. But it's imperative to set SMART goals in conjunction with clear, doable marketing objectives (Doran,1981). All objectives must be specific, measurable, attainable, relevant, and time-bound, as outlined in the SMART framework.
VISION STATEMENT OF ACCRA BREWERY: "To be the leading brewery in Ghana, recognized for our commitment to excellence, sustainability, and community engagement, while continuously evolving to meet the changing needs of our customers and setting new standards in the beverage industry."
MISSION STATEMENT OF ACCRA BREWERY: "To craft high-quality, innovative beverages that cater to diverse consumer tastes and preferences, while fostering sustainable practices and contributing to the economic and social development of the communities we serve."
CORPORATE OBJECTIVES AND LONG-TERM GOALS
Accelerate market share and market penetration in the Ghanaian beverage industry by 70% by full year (FY)2027 through innovative marketing and distribution initiatives.
Increase yearly revenue steadily by expanding your market and diversifying your product line by end of FY 2027.
Capitalize strongly on technological advancements and innovations to reach a competitive edge by end of FY 2027
Increase operational efficiency to cut production costs by 20% within five years without compromising on quality.
MARKETING OBJECTIVES
Increase brand awareness and market leadership position by 20% in key market segments by full year (FY)2025
Increase customer retention and satisfaction rate by 80% by FY 2024
Increase distribution points by 35% by FY 2024
Grow digital marketing presence and sales by 30% across multiple online and offline channels by FY 2024
Increase ROMI by 50% by end of FY 2025
With a focus on sustainable growth, market leadership, and beneficial community and environmental effects, Accra Brewery's strategic activities will be guided by these long-term company objectives.
In line with the theme "Improving the organization's product or service portfolio for sustained business growth" and applying academic theory to justify, justify Accra Brewery's objectives, referring to Accra Brewery's vision, mission, long-term goals and strategy

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