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Bus 560 Final Exam Answers

In: Business and Management

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BUS 560 Final Exam Answers http://www.homeworkarena.com/bus-560-final-exam-solved 1. The Southwind Camper Company’s goal is to sell 10,000 camper trailers each year. What can one conclude from this objective?
A. The company has a customer orientation
B. The company does not adhere to the marketing concept
C. The company is determined to satisfy customer needs
D. The company wants to use a customer focused strategy
2. The process of planning and executing conceptions, pricing, promotion and distribution of ideas, goods and services to create exchange that satisfy individual and organizational goals is the definition of
A. Marketing
B. Management
C. Strategic planning
D. Accounting
3. Identify the marketing type which is designed to attract donors, members, participants or volunteers? A. Product
B. Organization
C. Place
D. Cause
4. In large organizations, the marketing plans of individual departments are guided by
A. Plans rolled out by the production unit
B. Sales strategies of the marketing department
C. Planning activities of the organizational units
D. Strategic plans or blueprints for the entire organization
5. Which type of marketing would involve strategies to elect a political candidate?
A. Product
B. Service
C. Person
D. Place
6. The organization’s mission, objectives, strategies and its portfolio plan are the four major components of its
A. Strategic plan
B. Mission statement
C. Sales strategy
D. Marketing plan
7. _____ includes all the activities that lead to the development of a clear organizational mission, organizational objectives and appropriate strategies to achieve those objectives.
A. Strategic planning
B. Organization’s growth
C. Financial planning
D. Investment decisions
8. The organization’s environment provides the _____ that sustains the organization, whether it is a business, a college or...

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