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The Objective and Task method of budgeting involves? |
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Which of the following is not a financial objective? |
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What is the difference between strategy and tactics? |
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Marketing planning occurs at which of the following company levels- |
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Your closest competitor has aggressively cut its price and your sales are affected. The decision whether or not to follow with a price cut of your own involves which trade-off? |
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ACME Company sets its advertising budget by only spending up to the point where any further spending would not generate enough extra business to justify the outlay. What approach is it using to setting the budget? |
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To develop its market segments, West Coast Fish planned sales visits to the top 25 hotels and restaurants in Ireland. Where would this appear in a marketing plan? |
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The ACME Company sets its marketing budget by estimating the market leaders marketing spends. This approach to setting a budget is called: |
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West Coast Fish have no formal organization for marketing. Where this would be stated in its marketing plan? |
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Which of the following statements are not true of market challengers? |
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Corporate strategy is: |
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What is the statement of the organizations purpose? |
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Introducing new products to existing markets is an example of which of the following- |
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When a company acquires a supplier through an acquisition strategy, this is referred to as: |
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What is the marketing audit? |
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Which of the following is not a category of costs? |
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What drives the marketing strategies of an organization? |
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Your closest competitor has aggressively cut its price and your sales are affected. The decision whether or not to follow with a price cut of your own involves which trade-off? |
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The Tsu Tsang Soya Sauce Company launches a new advertising campaign promoting their leading brand of soya sauce as a seasoning for soup. Their competitive strategy is to: |
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The Ford Motor Company reduced its costs by finding a cheaper supplier of tyres for its cars. This is an example of- 1. Reducing fixed costs 2. Reducing variable costs 3. Mobile defense 4. Reducing capital cost. |
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