Exam 4: The Internal Assessment

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Planning should be performed mostly by middle management and then presented to top management for analysis and approval.

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One aspect of ads in a recession is that they generally take more direct aim at competitors.

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All of the following are basic functions of marketing EXCEPT

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An effective information management system ________ information in such a way that it answers important operating and strategic questions.

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Opportunity analysis is one of the basic functions of

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Financial ratio analysis really should not go beyond the actual calculation and interpretation of ratios.

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There are seven basic functions of marketing. List and define these functions.

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Which function of management includes all of those activities undertaken to ensure actual operations conform to planned operations?

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Four common approaches to determine R&D budget allocations are: 1)finance as many project proposals as possible; 2)use a percentage-of-sales method; 3)budget for R&D about what competitors spend; or 4)decide how many successful new products are needed and work backwards to estimate the required R&D investment.

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Most producers today sell their goods directly to consumers.

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Value chain analysis can enable a firm to better identify its own strengths and weaknesses especially as compared to competitors' value chain analyses and their own data over time.

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Discuss what needs to be completed, besides the calculation and interpretation of ratios, to complete an effective financial ratio analysis.

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There are seven basic functions of marketing: customer analysis, selling products and services, product and service planning, pricing, distribution, marketing research, and opportunity analysis.

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At Google the culture is very rigid, while in contrast the culture at Proctor & Gamble is very informal.

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Marketing research is the systematic gathering, recording and analyzing, of data about problems relating to the marketing of goods and services.

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________, perhaps the most important word in management, is a major component in motivation.

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Organizing is the cornerstone of effective strategy formulation.

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A ritual is a standardized set of behaviors used to manage anxieties.

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Metaphors are

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The Robinson-Patman Act affects a company's

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