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:
departmentalization
Explanation:
The departmentalization is a means to organize the activities of the company, in order to facilitate the achievement of its objectives, it consists in the coordination in the combination and / or adequate grouping of the activities necessary for the organization in specific departments.
Answer:
Lag startegy
Explanation:
Mark is using Lag Strategy to minimize the foreign exchange exposure.
Lag Strategy refers to a situation of adding capacity only after the company is running at full capacity or beyond caused by an increase in demand. This strategy is conservative strategy. It reduces the risk of waste but then it could bring about a loss of possible customers.
<h2>Answer</h2>
Buy on Credit
<h3>Explanation</h3>
When in a liquidity problem and items have to be bought, buying on credit seems to be the best option. Buying on credit allows immediate ownership of required items whereas the money can be paid later as per the credit policy and terms. This permits the consumer to take the advantage of item ownership with delayed payment hence double advantage.
Option;
A. communist
B. capitalist
C. democratic
D. republican
Answer: B. Capitalist
Explanation:
Capitalist economic system is one where the ownership and investment are distributed, the fluidity of her wealth and production which are made and maintained by individuals or corporation or by means of wealth which are state owned.
Example of capitalist countries include Switzerland, Australia, Estonia, Canada, United Arab Emirates amongst many others.
