Exam 23: Building an Effective Marketing Plan

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Paradise Kitchens used external secondary data to provide evidence that there is a growing trend in frozen prepared foods.According to its marketing plan,prepared frozen meals accounted for __________ of the total frozen food market.

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C

The Paradise Kitchens chart in the Organization section of its marketing plan reflects the bare-bones organization structure of successful small businesses.The four key positions that report to the President & CEO include the following: Director of Operations,Vice President of Marketing,Director of Finance and Administration,and __________.

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A

Which of the following statements is best suited for a business or marketing plan?

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B

There are no magic one-size-fits-all guidelines for writing successful marketing and business plans.Which writing and style guideline below still generally applies?

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While there are several different groups of stakeholders who are likely to read a business or marketing plan,which group is likely to be the most critical of these documents?

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There are no magic one-size-fits-all guidelines for writing successful marketing and business plans.Which writing and style guideline below still generally applies?

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There is no single "generic" marketing plan that can apply to all organizations or all institutions.Rather,the specific format for a marketing plan for an organization depends on the following: the industry,the target audience and purpose,and

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Shorter tables or graphs

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It can be inferred from the Paradise Kitchens mission statement that the firm will most likely use a __________ strategy.

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A __________ is a road map for the marketing activities of an organization for a specified future time period,such as one year or five years.

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In which section of a marketing plan would you most likely expect to see a chart?

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A key difference between a marketing plan and a business plans is that

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Which of the following is one of the six questions most lenders and prospective investors expect to be answered in a marketing or business plan?

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There is no single "generic" marketing plan that can apply to all organizations or all institutions.Rather,the specific format for a marketing plan for an organization depends on the following: the target audience and purpose,the kind and complexity of the organization,and

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Paradise Kitchens describes its primary target market for Howlin' Coyote products as households with one to three people,where often both adults work,and with individual income typically above __________ per year.

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The Price Strategy articulates the specific product price and the product's price position relative to __________.When space permits,this section would include a __________.

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The format for a marketing plan for an organization depends on the following: (1)the target audience and purpose; (2)the kind and complexity of the organization;and (3)__________.

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The target audience and purpose affect the format of a business or marketing plan.For example,an element such as the level of detail should reflect __________.

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Which of the following is one of the six questions most lenders and prospective investors expect to be answered in a marketing or business plan?

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Which of the following statements regarding business or market plan page length is MOST ACCURATE?

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