Author Question: What is the focus of marketing objectives?[br][br][b][color=green]Question 2[/color][/b][br][br]How ... (Read 88 times)

altibaby

  • Hero Member
  • *****
  • Posts: 562
What is the focus of marketing objectives?

Question 2

How is information regarding anticipated market changes used in setting objectives?



tdewitt

  • Sr. Member
  • ****
  • Posts: 318
Answer to Question 1

Marketing objectives are typically set in relation to specific brand associations and are directly related to the type of positioning strategy selected.

Answer to Question 2

The focus here is on market changes. Suppose the firm acquires information about an industry study that indicates that the market is likely to increase by 5 percent. This new information should help the manager set sales objectives for next year.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

For a complete list of videos, visit our video library