Reference no: EM133167990

Scenario:

Watch this video on the Coca-Cola marketing strategy plan implementation, and then answer the questions below (ThoughtCatalyst, 2017):

1. What is the final element (final phase) of a marketing plan?

2. What is an independent, comprehensive, systematic, and periodic review of a company's marketing environment, strategies, and objectives to improve performance?

3. What are the primary trade channels for bringing products to customers?

4. How is decreasing the number of levels of management in an organization to get closer to the customer described?

5. How is using analytical methods, such as data mining, to develop deeper insights into customer behavior described?

6. What are the four stages of the profitability control process?

7. What reveals the company's earnings in products, territories, or markets?

8. What is the number 1 deadly sin of marketing for companies?

9. What addresses the what and why of marketing activities?

10. What software allows marketers to make better spending and investment decisions, get new products to market quicker, and reduce decision time and costs?

11. Who examines adherence to profit plans, assists brand managers in preparing budgets, measures promotional efficiency, evaluates costs related to media production, and conducts profitability analyses?

12. What is crucial to ensuring that marketing plans have their expected results annually?

13. Who sets annual sales and profit goals?

14. How frequently does the average U.S. corporation lose half of its customers?

15. What is critical for marketing to have future success?