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You Run a Small Online Consignment Marketplace

question 395

Multiple Choice

You run a small online consignment marketplace. Interested sellers complete an online application in order to allow them to sell their products on your website. Once approved, they can post their product using a custom interface. From that pant, you manage the shopping cart process so that when a buyer decides to buy a product, you handle the billing and coordinate the shipping. Part of this process requires sending emails to the buyer and the seller at different stages. Your system has been running on AWS for a few months. Occasionally, products are shipped before payment cleared and emails are sent out of order. Furthermore, sometimes credit cards are being charged twice. How can you resolve these problems?

Realize the critical role of setting and aligning goals and objectives in strategic marketing planning.

Recognize the essential elements of strategic focus in the context of competition.

Understand the difference between goals and objectives.

Identify components of a marketing plan and their interrelations.

Definitions:

Personal Values

Core beliefs or principles that individuals hold, which guide their behavior and decision-making.

Personal Values

Fundamental beliefs or principles that individuals hold as important, guiding their behavior and decision-making processes.

Government Policies

Guidelines or principles adopted by a government to achieve its objectives.

Abstract Good

denotes the idea of goodness or value that is theoretical and not tied to specific, tangible benefits or outcomes.