Showing posts with label Marketing Chapter 2. Show all posts
Showing posts with label Marketing Chapter 2. Show all posts

Which of the following provides an overview of the entire marketing plan so that readers can quickly identify the key issues and their roles in the planning and implementation process?

Which of the following provides an overview of the entire marketing plan so that readers can quickly identify the key issues and their roles in the planning and implementation process?



a. environmental analysis

b. SWOT analysis

c. performance evaluation

d. marketing implementation

e. executive summary



Answer: E. executive summary

Which of the following is NOT one of the steps in strategic performance evaluation?

Which of the following is NOT one of the steps in strategic performance evaluation?



a. modifying the marketing strategy, if necessary

b. comparing actual performance with established standards

c. measuring actual performance

d. establishing performance standards

e. establishing a timetable for implementation



Answer: E. establishing a timetable for implementation

Marketing cost analysis ___________________.

Marketing cost analysis ___________________.



a. is an expected level of performance against which actual performance can be compared.

b. is the firm's sale of a stated product as a percentage of industry sales of competing products.

c. breaks down and classifies costs to determine which are associated with specific marketing efforts.

d. assesses an organization's strengths, weaknesses, opportunities, and threats.

e. uses sales figures to evaluate a firm's current performance.



Answer: C. breaks down and classifies costs to determine which are associated with specific marketing efforts

Performance standards are derived from _________________.

Performance standards are derived from _________________.



a. marketing objectives.

b. marketing strategy.

c. the mission statement.

d. market opportunity.

e. sales analysis.



Answer: A. marketing objectives