Multiple Choice
Alex has been analyzing the information from his company's database about customer purchasing habits since he is responsible for managing the growth of the industrial supply division of his company. Alex plans to use the information from his analysis to create new marketing strategies that will develop and sustain relationships with those customers who are more profitable for the company. What type of concept is Alex using?
A) Strategic marketing management
B) Electronic data interchange
C) Business-to-consumer marketing
D) Strategic partnerships
E) The marketing concept
Correct Answer:

Verified
Correct Answer:
Verified
Q30: Opportunities refer to barriers that could prevent
Q31: The assessment of an organization's strengths, weaknesses,
Q33: In the context of the strategic planning
Q34: A determines the means for utilizing resources
Q37: After discovering that consumers had concerns about
Q38: The first component of a marketing plan
Q39: A group of individuals or organizations that
Q59: Define strategic planning.
Q72: The strategic planning process begins with a
Q78: A long-term view, or vision, of what