Which of the Following Output Reports Is Used in the Planning

question 190

Multiple Choice

Which of the following output reports is used in the planning phase of the strategic marketing process?

• A)marketing plans that define goals
• B)action memos that tell who is to do what
• C)action memos that tell who is to do what by when
• D)corrective action memos
• E)tracking reports

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Definitions:

Express Condition

A clearly stated, specific requirement within a contract that must be met for the contract to be fulfilled or an obligation to become due.

Contractual Obligation

A duty or commitment that one party is legally required to perform as per the terms of a contract.

Market Price

The current price at which an asset or service can be bought or sold in a given market.

Added Cost

Additional expenses incurred beyond the initially planned or budgeted amounts.