What Is the Next Step That a Business Organization Has

question 84

Multiple Choice

What is the next step that a business organization has to perform after completing situation analysis?

• A)Identifying the organization's objectives
• B)Evaluating the effectiveness of the marketing plan
• C)Evaluating market performance
• D)Conducting segmentation, targeting, and positioning
• E)Setting marketing objectives for the organization

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Definitions:

Accounting Techniques

Methods or principles employed in managing and reporting financial information and transactions.

Exports Equal Imports

This term refers to a situation in balance of trade where the value of a country's exports equals the value of its imports.

Balance of Payments

A comprehensive record of a country's financial transactions with the rest of the world, including imports, exports, and capital flows.

Economic Transactions

Activities involving the exchange of goods, services, or money between two or more parties.