When Using Share Points to Make Marketing Resource Allocation Decisions

question 15

Multiple Choice

When using share points to make marketing resource allocation decisions, marketing managers must estimate: (1) the market share for the product, (2) the revenues associated with each point of market share, (3) __________, and (4) possible cannibalization effects on other products in the line.

• A)total production costs
• B)number of market segments
• C)stage of the product in its product life cycle
• D)the contribution to overhead and profit of each share point
• E)the total financial resources available for a sustained marketing effort

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Definitions:

Information

Information comprises data and insights that are organized for a specific purpose, facilitating understanding or decision-making.

Views

Refers to the number of times a piece of content, such as a video, article, or post, has been seen or watched.

Structure

The arrangement or framework of identifiable relationships among components, elements, or parts of a complex entity or system.

Agency

The capacity of individuals or entities to act independently and make their own free choices.