Marketing control is measuring and evaluating the results of marketing strategies and plans and taking corrective action to ensure that the objectives are achieved.
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What is Marketing control?</h3>
- The organizational discipline of Marketing control focuses on the effective administration of a firm's marketing resources and operations as well as the practical application of marketing orientation, strategies, and procedures inside enterprises and organizations.
- To examine the industrial context in which the company operates, Marketing control uses methods from economics and competitive strategy. Marketing control includes value chain analysis, the examination of strategic groups of competitors, and Porter's five forces, among others.
- When creating detailed competitor profiles, marketers utilize SWOT analysis to concentrate on the relative competitive strengths and weaknesses of each rival in the market.
- Marketing control will look at each rival's cost structure, profit sources, assets, and capabilities as well as its competitive positioning, product differentiation, level of vertical integration, past responses to market changes, and other elements.
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<span>A Decision Support System is a computerized information system that facilitates an organization's decision-making approach. It enables the company to analyze and plow through a massive stream of data, compile the results which could be used to solve problems and make better informed decisions.
They play a central of roles in a business environment. They help an organization or business keep inventories of information assets (including legacy and relational data sources, cubes). They also help to compare and contrast sales figures between one period and the next. Dss help in projeected revenue estimate based on product sales assumptions. They also assist in theoretical and technical issues in the support of borderline decision</span>
The common arguments that are in favor of Corporate Social Responsibility (CSR) are:
Public image of the company.
Moral Justification.
Public Support for business.
Long run survival of the organization and the public both.
Common arguments that go against CSR are:
Ambiguity in business policies.
Moral Responsibility.
Shareholders' rights
Explanation:
Against
The public should perceive the company as their savior and not their enemy. CSR helps a company stay in the good books of the public. If a cigarette manufacturing company opens a profit free farm or a recreational park for the public, it will ensure the maintenance of a positive image.
Morally, when a company takes something from the public e.g their clean air, or clean environment, then morally the company is bound to give something in return e.g a water filtration plant.
CSR can lead the public to support the company during times of need. A company during tough times might get several volunteers if it is known to have given much to the public.
Co-dependence is essential for the survival of both the organization and the public. Companies excel if the public likes them. If a company has been known to have only take and never give, then the balance is disturbed.
Against:
Not every company has the resources or interest to focus on one problem. Therefore, ambiguous policies of different organizations lead to partial working on one social issue or environmental issue. it leads the problem to be partially solved and not completely eliminated.
Company might morally owe the public in some domain but might not have the resources to fix that particular problem. It may leave the company in a moral debt. In order to compensate, a company may go beyond its capabilities which will not result in mutual benefit. Only one party will be happy.
CSR activities require resources. A company has several stakeholders and all might nit agree to spending/donating their profits for CSR activities. This may sound 'selfish' but public doesn't always know what the stakeholders are going through. CSR in such a case may deprive a stakeholder from a fraction of his share of profit.
<span>A: Predated check
i hope that help</span>
D. Even though the shipping time is longer, they should order the imported materials because they are less expensive and should arrive in plenty of time to build the product.
They have two years to build the product. They should go with low cost to save for unforseen complications, like unexpected increase in assembly price.
