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-
-
Detailed information about the actions marketing will carry out is known as the:
annual plan
strategic plan
marketing plan
customer plan
4-
-
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-
-
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-
-
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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