Exam 2: Company and Marketing Strategy: Partnering to Build Customer Relationships

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In a basic SWOT analysis,the S stands for ________.

(Short Answer)
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A brief summary of the main goals and recommendations of the plan belongs in the Objectives and Issues section of a marketing plan.

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A company that sells across the country or internationally often uses a product management organization.

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Harris,the marketing manager at a small sports retail chain,has conducted a marketing analysis.He has investigated the company's internal resources and situational factors,as well as factors and trends in the competitive sports retail chain market.Which of the following has Harris completed?

(Multiple Choice)
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Acme Inc.has slightly modified the production processes of its widgets and gadgets in order to tap into the Eastern European market.Acme is likely following a ________ strategy.

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Which of the following is the first step in strategic planning?

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In a basic SWOT analysis the T stands for ________.

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Which of the following involves looking at whether a company's basic strategies are well matched to its opportunities?

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One valid criticism of the four Ps concept is that services are not considered.

(True/False)
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