MAN ch 20 Flashcards
The management of resource and processes to achieve measurable increases in both return on marketing investment and efficiency is known as ____.
marketing accountability
the alignment of marketing goals with financial performance requires increasing the ___ of marketing activities.
quantification
The Sarbanes-Oxley Act of 2002 is primarily focused on ____ reform.
accounting
Which of the following is an inference-based process of transforming data into useful information?
data analytics
As more organizations increase their focus on corporate responsibility, marketing accountability is likely to become ____.
more important
which of the following is an example of a business investment?
marketing budget
when management of an organization decides to measure the organization’s marketing activities, management is necessarily also committing to which of the following?
relating marketing activities to specific marketing objectives
key performance indicators are measurements that helps an organization do which of the following?
quantify progress toward the achievement of marketing objectives
advertising copy test, brand health tracking studies, and return on marketing investment models are all examples of ___.
marketing measurement tools
which of the following is a true statement about advertising?
the construction of an advertising camp should be guided by communication objectives.