Question: 1-________ should be stated in quantitative terms to permit reasonably precise measurement. Long-term objectives Corporate objectives Financial objectives Marketing objectives 2- When a firm possesses

1-________ should be stated in quantitative terms to permit reasonably precise measurement.

Long-term objectives

Corporate objectives

Financial objectives

Marketing objectives

2-

When a firm possesses the capabilities capabilities whereby it can serve customer needs better than anyone else, that firm has a:

right-sizing advantage

business-unit strategy advantage

cost advantage

competitive advantage

3-

  1. Detailed information about the actions marketing will carry out is known as the:

    annual plan

    strategic plan

    marketing plan

    customer plan

4-

  1. Organizations design ________ to provide a total integration of efforts that focus on achieving the area's stated objectives.

    business-unit strategies

    goals and objectives

    functional strategies

    implementation strategies

5-

When will all of these activities be performed?" is one of the questions answered in the ______ section of the marketing plan.

marketing implementation

evaluation and control

goals and objectives

SWOT

6-I

n a market-oriented organizational structure, those in the organization with the highest customer contact are prioritized, which is/are

shareholders

CEO

middle managers

frontline employees

7-

As business thinking has evoled, companies put their emphasis on _________planning.

profit-maximization

product-focused

customer-focued

return-to-shareholders

8-

The planning process begins with an in-depth analysis of the organization's internal and externa; environment, which is often refered to as:

organization analysis

situation analysis

business analysis

Corporate analysis

9-

  1. An external environment analysis involes these factors:

    competitive, economic, political, legal/regualtory, and technological

    competitive, economic, political, legal/regualtory, technological, and sociocultural

    competitive, economic, political, legal/regualtory, technological, sociocultural, and international

    competitive, economic, political, legal/regualtory, technological, sociocultural, and geographical

10-

Looking into the future, you can use historical data to help determine what people will purchase, which is called

predicitve resource allocation

game theory

predictive analytics

cloud-based computing

11-

  1. There is a lot of data around, so much so that ______ of marketers don't know what to do with it.

    25%

    10%

    33%

    60%

12-

The first part of a situation analysis involves looking at your company's

internal environment

the competition

the economics of the market

the market potential

13-

Which of the following fits under the technology aspect of an external analysis.

patent reform

exports

rise of unmarried couples

5G

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