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xz_007 [3.2K]
3 years ago
7

Strategic planning: a. requires managers to set short-term goals to increase market share. b. involves integrating all of the pr

omotional and marketing tools the firm plans to use to market their products and services. c. is the process of creating and maintaining a fit between the organization's objectives and resources and the evolving market opportunities. d. evaluates a firm's marketing activities and strategies using metrics and compares results with the goals or standards set for the market activities.
Business
1 answer:
kifflom [539]3 years ago
4 0

Answer:

c. is the process of creating and maintaining a fit between the organization's objectives and resources and the evolving market opportunities

Explanation :

Strategic planning is an organizational process of defining its strategy, or direction in accordance with the businesses objectives and making decisions on allocating its resources to accomplish this strategy.

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Answer:

Export of labor-intensive products

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The population of China is the highest in the world, hence they concluded that they needed to use their number to their own advantage by adopting a labor-intensive production technique which enables them to export their products as well as ensuring a higher percentage of the populace is gainfully employed, little wonders how China products are available the world over.

Also, they provided  world class infrastructures which serve as incentives for foreign direct investment, for instance Apple moved its main factory to China due to the cheaper and available workforce coupled with the state of the art technological infrastructural development achieved by the Chinese people.

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How do the elements of the marketing mix work together to help create a<br>marketing strategy?​
alex41 [277]

Answer:

The marketing mix refers to the actions a company takes to market its product(s) and/or service(s). Typically, it acts as a framework for breaking down the four key components of marketing — product, price, place, and promotion.

Explanation:

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Suppose there is a decrease in the price of butter. What do we expect to happen to the demand for bread? Assume that bread and b
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Suppose there is a decrease in the price of butter.There will be an increase in demand for bread.

<h3>Option (B) is correct</h3>

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If the Price of butter decreases,  it will lead to an increase in the demand for butter. With the increasing demand for butter, the demand for bread will automatically increase. Both demands will move in the same direction.

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