Flashcards : Strategic Marketing and Business Growth — 10 cartes

Toutes les cartes

1Question

Business Definition — market-oriented?

Réponse

Focuses on customer experience and needs.

2Question

Strategic planning — steps?

Réponse

Aligns capabilities and opportunities in four steps.

3Question

Strategic Planning — purpose?

Réponse

Aligns goals, capabilities, opportunities.

4Question

Mission statement — role?

Réponse

Defines purpose and guides strategy.

5Question

BCG Matrix — classifies SBUs?

Réponse

Stars, Cash Cows, Question Marks, Dogs.

6Question

Business definition — types?

Réponse

Product-oriented or market-oriented.

7Question

Portfolio analysis — tool?

Réponse

BCG Growth-Share Matrix.

8Question

Growth strategies — examples?

Réponse

Market penetration, development, diversification, product development.

9Question

Downsizing — purpose?

Réponse

Divest unprofitable or misaligned units.

10Question

Marketing collaboration — via?

Réponse

Value chain and value delivery network.

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1. Which element of the marketing mix involves creating a distinct market position and establishing a competitive advantage?**

2. What is the primary purpose of a mission statement in strategic marketing?

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