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Let's Apply! Now, let's expand our learning on what we have discussed on Marketing Process - Analysis, Planning, Implementation and Control by providing the correct answer on the activity below. Direction: Write ( ) if the statement is true & ( > ) if the statement is false. If the statement is wrong, state the correct answer to make the statement true. Boxes are provided for your answer. (10x3-30/30) STATEMENT TRUE FALSE CORRECT ANSWER 1. With a market analysis, you can back up your business idea with figures, data, and facts, and therefore provide indefinite business plan. 2. The analysis of the customer industry identifies the industries that achieve the smallest sales or turnover. 3. A SWOT analysis is an incredibly simple, yet insignificant tool to help you develop your business strategy, whether you're building a startup or guiding an existing company. 4. A SWOT analysis organizes your top strengths, weaknesses, opportunities, and threats into an organized list and is usually presented in a complex two-by-two grid. O 5. On the basis of a market analysis, you can develop intangible marketing strategies and successfully implement your business idea. 6. The process of analyzing a product enables a company to identify which areas of the plan should carry a inconsiderable focus or which areas should be adjusted. 7. Marketing implementation is the process of turning your marketing strategy into ingenuine actions. 3. With a marketing implementation plan, marketing strategies become real-world actions that need to happen by a uncertain date in order to work. 9. A marketing implementation plan takes your short-term plans and turns them into clear processes. 10. Due to marketing control, entire department remains active and alive. 10