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TEST BANK for Essentials of Marketing, A Marketing Strategy_Planning Approach. 17th Edition ISBN10: 1260260372 by William Perreault, Joseph Cannon, E and Jerome McCarthy. All Chapters 1-19. (Complete Download)$32.34
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TEST BANK for Essentials of Marketing, A Marketing Strategy_Planning Approach. 17th Edition ISBN10: 1260260372 by William Perreault, Joseph Cannon, E and Jerome McCarthy. All Chapters 1-19. (Complete Download)
TEST BANK for Essentials of Marketing, A Marketing Strategy Planning Approach. 17th Edition ISBN10: 2 by William Perreault, Joseph Cannon, E and Jerome McCarthy. All Chapters 1-19. (Complet e Download) TABLE OF CONTENTS Chapter One: Marketing’s Value to Consumers, Firms, and Society Chapter Two: ...
Version 1 1 BONUS TEST BANK: A TRUE/FALSE - Write 'T' if the statement is true and 'F' if the statement is false. 1) Implementation puts plans into operation, while control provides feedback. ⊚ true ⊚ false 2) Although marketing information can be gathered quickly, it is impossible to analyze and utilize the information in real time. ⊚ true ⊚ false 3) The use of metrics and analytical tools allow marketing managers to make timely adjustments to their marketing strategies. ⊚ true ⊚ false 4) The ideal of doing things better, faster, and at lower cost is easy to implement once it is accepted. ⊚ true ⊚ false 5) Implementing a strategy is straightforward; there are usually only a limited number of ways things can go wrong. ⊚ true ⊚ false 6) Traditional accounting reports are usually too general to be of much help to the marketing manager in controlling marketing plans. ⊚ true ⊚ false Version 1 2 7) Traditional accounting reports don't give sufficient information to managers who need to know what's happening, in detail, to improve the bottom line. ⊚ true ⊚ false 8) The "80/20 rule" describes the relationship that 80 percent of an organization's business often comes from only 20 percent of its products or customers. ⊚ true ⊚ false 9) According to the "80/20 rule," it is common to find that about 80 percent of a firm's business comes from only about 20 percent of its customers. ⊚ true ⊚ false 10) The best way to do a sales analysis is to first break down sales by customer type, and then geographic region. ⊚ true ⊚ false 11) Because too much sales data can drown a manager, it's best to start by asking only for breakdowns that involve customer type. ⊚ true ⊚ false 12) Statistical packages and information systems that produce graphs and charts can make it easier to see patterns that are hidden in a table of numbers. ⊚ true ⊚ false Version 1 3 13) Advances in computer software have accelerated the move to cost analysis and performance analysis. ⊚ true ⊚ false 14) Performance analysis permits the manager to compare actual performance against performance standards. ⊚ true ⊚ false 15) Sales analysis provides a simple listing of sales figures compared against standards. ⊚ true ⊚ false 16) Performance analysis looks for exceptions or variations from planned performance. ⊚ true ⊚ false 17) As with sales analysis, performance analysis is limited to sales data. ⊚ true ⊚ false 18) Marketing managers use performance indexes to compare what did happen with what ought to have happened. ⊚ true ⊚ false
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