Chp 2 Flashcards

1
Q

Why is mktg important?

A

Contributed to reach growth, sale and profitability objectives

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2
Q

Mktg aligns with what

A

Mission and objectives

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3
Q

Strategy?

A

Long term vision of the means that will be used to achieve a final objective

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4
Q

Tactic?

A

Usually temporary element within the strategy

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5
Q

What can market plan be

A

Large (whole company) or small (specific product) months or years

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6
Q

Objective need to be?

A

Quantifiable, measurable and realistic

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7
Q

4 types of ressource allocation

A

HR, financial, information, purchasing

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8
Q

Control?

A

How to measure progress toward the objective

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9
Q

Contingency plan?

A

Possible solution to deal with unforeseen circumstances

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