Examlex
Which of the following is not a stage of marketing planning process?
Internal Growth Rate
The maximum rate at which a firm can expand its operations without obtaining additional financing, driven by reinvestment of its earnings.
Plowback Ratio
A financial metric that measures the proportion of earnings retained by a company after dividends have been paid out to shareholders.
Dividend Payout
The fraction of a firm's earnings allocated to its shareholders through dividends.
Financial Planning
The process of estimating the capital required and determining its competition; it is the process of framing financial policies in relation to procurement, investment, and administration of funds of an enterprise.
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