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TOP 10 Learning Questions for Chapter 2 Developing Marketing Strategies and Plans Maria Charriza M. Mordeno December 17, 2010 http://mariacharrizamordeno.blogspot.com/
1. Which of the following statements is NOT a criteria for a business unit to meet in the process of goal formulation?  ,[object Object],[object Object],[object Object],[object Object],[object Object]
GOALS are objectives that are specific with respect to magnitude and time. They must meet these 4 criteria: ,[object Object],[object Object],[object Object],[object Object]
Goal formulation refers to the development of specific goals for the planning period. ,[object Object]
1. Which of the following statements is NOT a criteria for a business unit to meet in the process of goal formulation?  ,[object Object],[object Object],[object Object],[object Object],[object Object]
2. Mossimo, in partnership with Sony Music Philippines, currently launched  Mossimo Band Entourage,  featuring some of the finest college bands playing at selected stores. With a minimum purchase, customers can buy a copy of the CD. Which of these dimensions of business innovation does Sony Music represent? ,[object Object],[object Object],[object Object],[object Object],[object Object]
The 12 Dimensions of Business Innovation Offerings Develop innovative new products or services. Platform Use common components or building blocks to create derivative offerings. Solutions Create integrated and customized offerings that solve end-to-end customer problems. Customers Discover unmet customer needs or identify underserved customer segments. Customer Experience Redesign customer interactions across all touch points and all moments of contact. Value Capture Redefine how company gets paid or create innovative new revenue streams. Processes Redesign core operating processes to improve efficiency and effectiveness. Organization Change form, function, or activity scope of the firm. Supply Chain Think differently about sourcing and fulfillment. Presence Create new distribution channels or inovative points of presence, including the places where offerings can be bought or used by customers. Networking Creat network-centric intellignet and integrated offerings. Brand Leverage a brand into new domains.
Sony Music demonstrated the Presence dimension.  ,[object Object]
2. Mossimo, in partnership with Sony Music Philippines, currently launched  Mossimo Band Entourage,  featuring some of the finest college bands playing at selected stores. With a minimum purchase, customers can buy a copy of the CD. Which of these dimensions of business innovation does Sony Music represent? ,[object Object],[object Object],[object Object],[object Object],[object Object]
3. Which of the following is a key strategy for managing change in an organization? ,[object Object],[object Object],[object Object],[object Object],[object Object]
5 Key Strategies by Jump Associates ,[object Object],[object Object],[object Object],[object Object],[object Object]
Find a like-minded collaborator within the organization. ,[object Object]
3. Which of the following is a key strategy for managing change in an organization? ,[object Object],[object Object],[object Object],[object Object],[object Object]
4. This planning process consists of the SWOT analysis, goal formulation, strategy formulation, program formulation, implementation, feedback and control. ,[object Object],[object Object],[object Object],[object Object],[object Object]
The business unit strategic planning process
Business units define their specific missions with the broader company mission. ,[object Object]
4. This planning process consists of the SWOT analysis, goal formulation, strategy formulation, program formulation, implementation, feedback and control. ,[object Object],[object Object],[object Object],[object Object],[object Object]
5. It is a part of the marketing plan where the product manager defines the mission, marketing and financial objectives, and groups and needs that the market offerings are intended to satisfy. ,[object Object],[object Object],[object Object],[object Object],[object Object]
Contents of a marketing plan ,[object Object],[object Object],[object Object],[object Object],[object Object]
Marketing strategy has the “game plan” ,[object Object]
5. It is a part of the marketing plan where the product manager defines the mission, marketing and financial objectives, and groups and needs that the market offerings are intended to satisfy. ,[object Object],[object Object],[object Object],[object Object],[object Object]
6. Which of the following is not a question in evaluating a marketing plan?  ,[object Object],[object Object],[object Object],[object Object],[object Object]
 
 
6. Which of the following is not a question in evaluating a marketing plan?  ,[object Object],[object Object],[object Object],[object Object],[object Object]
7.
 
 
7.
8.
 
 
8.
9.
 
 
9.
10.
 
 
10.
TOP 10 Learning Questions for Chapter 2 Developing Marketing Strategies and Plans Maria Charriza M. Mordeno December 17, 2010 http://mariacharrizamordeno.blogspot.com/

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Ch2 developing marketing strategies and plan mordeno

  • 1. TOP 10 Learning Questions for Chapter 2 Developing Marketing Strategies and Plans Maria Charriza M. Mordeno December 17, 2010 http://mariacharrizamordeno.blogspot.com/
  • 2.
  • 3.
  • 4.
  • 5.
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  • 7. The 12 Dimensions of Business Innovation Offerings Develop innovative new products or services. Platform Use common components or building blocks to create derivative offerings. Solutions Create integrated and customized offerings that solve end-to-end customer problems. Customers Discover unmet customer needs or identify underserved customer segments. Customer Experience Redesign customer interactions across all touch points and all moments of contact. Value Capture Redefine how company gets paid or create innovative new revenue streams. Processes Redesign core operating processes to improve efficiency and effectiveness. Organization Change form, function, or activity scope of the firm. Supply Chain Think differently about sourcing and fulfillment. Presence Create new distribution channels or inovative points of presence, including the places where offerings can be bought or used by customers. Networking Creat network-centric intellignet and integrated offerings. Brand Leverage a brand into new domains.
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  • 15. The business unit strategic planning process
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  • 42. TOP 10 Learning Questions for Chapter 2 Developing Marketing Strategies and Plans Maria Charriza M. Mordeno December 17, 2010 http://mariacharrizamordeno.blogspot.com/