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Delicious77 [7]
3 years ago
14

What are the five marketing management functions used to manage the marketing​ process?

Business
1 answer:
Kamila [148]3 years ago
4 0

The answer is<u> "a. ​analysis, planning,​ implementation, organization, and control".</u>


The marketing process comprises of five key steps. The initial step is comprehend the commercial center and client needs and wants.In the last advance of the​ five-advance process, the organization receives the benefits of solid client connections by​ catching an incentive from customers. The marketing process, in which four of them concentrated on making an incentive for clients. One procedure for making an incentive for clients is​ customer-engagement marketing, which encourages immediate and ceaseless client association in forming brand​ discussions, brand​ encounters, and brand network.

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How does McDonald's organize its marketing department
valentinak56 [21]
The way  McDonald's organize its marketing department is by <span>organizes its marketing team to align with its  Customer segments.
As the result of this, McDonald managed to came up with several products that target separate customer segments. They had the normal Junkfood menus, Healthy menu such as salad and chicken breast to target health enthusiast, and kids meal</span>
5 0
3 years ago
The practice of comparing a company with its prior performance or with best practices from other companies is called A. benchmar
KatRina [158]

Answer:

A. benchmarking

Explanation:

In companies; benchmarking is the good practice as it compares the company's business processes and performance metrics to industry. There are four types of benchmarking which are internal, competitive, functional and generic. Benchmarking always facilitate to seek the best practices of your competitor and learn it to implement or take strategic decisions. Based on the data and information which is derived from benchmarking; company can modified its strategies towards the achievement of objective to excel among competitors.

3 0
2 years ago
Q 2.29: Val-Tek has current assets of $1,700,000 and current liabilities of $900,000. If they pay $100,000 owed to a creditor, w
irina1246 [14]

Answer:2 : 1

Explanation:

current ratio = current asset/current liability

If current liability was $900,000 less $100,000= $800,000

Therefore the current ratio=

$1,700,000/$800,000 =

2 : 1

3 0
3 years ago
Read 2 more answers
Chang, Inc.'s balance sheet shows a​ stockholders' equity-book value​ (total common​ equity) of ​$750 comma 500. The​ firm's ear
Artist 52 [7]

Answer:

The​ price/book ratio is 2.45

This price/book ratio indicates that the Chang, Inc company has 2.45 higher market value of the stock than the book value of the equity

Explanation:

For computing the price/book ratio, we have to apply the formula which is shown below:

= Market price of equity ÷ book value of equity

where,  

the market value of equity = firm's earnings per share × price/earnings ratio × number of outstanding common stock shares

= $3.00 × 12.25 × 50,000 shares

= $1,837,500

And, the book value of equity is $750,500

Now put these values to the above formula

So, the answer would be equal to

= $1,837,500 ÷ $750,500

= 2.45

This price/book ratio indicates that the Chang, Inc company has 2.45 higher market value of the stock than the book value of the equity

4 0
2 years ago
How do property rights benefit entrepreneurs?
Oxana [17]
Enabling them to purchase capital and use it as they fit. having the rights means they can use the property for martgage and raise loans,or show as an asset and acquire capital on its worth. they can sublet the property and get resources from the rent as well
7 0
2 years ago
Read 2 more answers
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