A good marketing plan helps managers make strategic decisions and provides a framework for effective implementation and control.
<h3>What are implementation and control?</h3>
- One of many strategic controls available to the company to help direct the strategy's execution is implementation control. Implementation control aims to ensure that results are being delivered while maintaining strategy execution on course as planned.
- The process of putting plans into practice to achieve the desired outcome is known as strategy implementation. In essence, it's the art of accomplishing things. Every organization's ability to carry out choices and crucial procedures effectively, consistently, and efficiently determine how successful it will be.
- Implementation control typically establishes performance standards, assesses actual performance, and identifies the reasons why these standards weren't met. Implementation controls also include timelines, budgets, and milestones.
- Security measures can also be categorized in different ways based on how they are implemented. Technical, managerial, and operational are the three main categories for implementation.
A good marketing plan helps managers make strategic decisions and provides a framework for effective implementation and control.
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Answer:
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Answer:
b. They are not specific
Explanation:
The main problem with service quality standards such as "be nice" or "do what the customers want" is that they are not specific. An individual may think that they are being nice, while another person may take that behavior as being sarcastic or "having an attitude". The same goes for "do what the customer wants" since there are things that an employee is not allowed to do at all.
Answer:
payback 5 years
if the ltaer years cash flow increases several times, it would not affect the payback date. This is a disavantage of this method, it is focus on recover the investment without considering the total cash flow of the project.
Explanation:
Payback = the time in the life of a project on which the initial ivnestment is recover.
-31,000 Balance
Year 1 2,000 - 29,000
Year 2 0 - 29,000
Year 3 8,000 - 21,000
Year 4 9,000 - 12,000
Year 5 12,000 0
At year 5 the proejct achieve payback
