Exam 2: Strategic Planning

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Which of the following does green marketing typically involve?

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E

Owning a company or facility overseas is known as _____.

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direct investment

A company's resources,capabilities,and technology are examples of _____.

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internal conditions

As factors in the external and internal environment change,a company must adjust its plans.

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Conditions external to the firm include looking at a firm's resources,capabilities,and technology.

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Explain why companies have different value propositions for each target market.

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Successful _____ help organizations establish and maintain a competitive advantage that competitors cannot easily imitate.

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Universities who allow their logos to be placed on t-shirts and other goods by third parties are engaging in _____.

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Hispanic consumers are the target market for many products because this is a:

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In Michael Porter's five forces model,the threat of supplier bargaining power refers to:

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Sarah owns a store in a town where the population has changed from low-income singles to high-income families.Based on which of the following types of environmental changes does Sarah need to make changes?

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Strategic business unit groups are businesses or product lines within an organization that have their own competitors,customers,and profit centers.

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Marketing environmentally safe products and services in a way that is good for the environment is called responsible marketing.

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The Boston Consulting Group Matrix is a planning approach that examines a business's strengths and the attractiveness of industries.

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_____ changes the way people communicate and the way firms do business.

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_____ is a process that can occur at different levels (corporate,business,and functional)in an organization

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A _____ strategy involves creating new products or services for existing markets.

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Explain the importance of implementing consistent plans when a company has multiple planning levels.

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A direct investment strategy involves the most risk and investment but offers the most control.

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The purpose of a value proposition is to provide the:

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