UNIT 3 Decision making to improve marketing performance Flashcards

1
Q

what are marketing objectives

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2
Q

market size calculation

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3
Q

market growth calculation

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4
Q

sales growth calculation

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5
Q

market share calculation

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6
Q

what is qualitative data

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7
Q

what is quantitative data

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8
Q

qualitative data pros and cons

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9
Q

quantitative data pros and cons

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10
Q

market research evaluation

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11
Q

what is market mapping

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12
Q

what is correlation

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13
Q

what is a confidence interval

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14
Q

what is extrapolation

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15
Q

what is price elasticity of demand (PED)

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16
Q

what is income elasticity of demand (PED)

17
Q

what is segmentation

18
Q

what is mass marketing

19
Q

what is niche marketing

20
Q

what is the marketing mix

21
Q

what is the extended marketing mix

22
Q

what is the product life cycle

23
Q

what is the boston matrix

24
Q

pros and cons of the boston matrix

25
Q

what is product development

26
Q

what are possible extension strategies

27
Q

what is price skimming

28
Q

what is price penetration

29
Q

internal and externals of pricing decisions

30
Q

evaluation of promotional mix

31
Q

what are channels of distribution

32
Q

what is a multi channel distribution

33
Q

what are online distribution channels

34
Q

impacts of using e-commerce

35
Q

what is the value of digital marketing