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Strategic Management 26.
A good vision statement should be bold and
Quiz #1 ambitious, know what the company strives and- True or False gives a peek into company’s trajectory 1. Customer is where the people gather to purchase 27. What are the 3 parts of the mission- Brand and exchange goods and services-False purpose, values and goals. 2. Customer that forms the market is segmented into 28. It talks about the goals, values and objectives of 5 main types-True the business- Mission 3. Influencer Marketing is almost the same as Social 29. It enable businesses to coordinate activities and Media Marketing-True make use of their assets- Distinctive Capabilities 4. Public Relations requires people to subscribe- 30. It is when your customers is the focal point- False Becoming customer Oriented 5. If the statement combines physical, emotional and 31. Delivered physically thru post mail- Direct Mail non logical elements it is Good Mission 32. Helps to build reputation in media- Public relation Statement- False 33. The B2B and B2C companies mostly uses this to 6. The General is part of the 3 parts of Vision improve their sale progress- Email Marketing Statement-True 34. Search engine marketing strategy that helps the 7. Economic Business Objective is called as business website appear on top- Pay-per click Financial objectives-True Advert. 8. Human Business Objectives is the Internal 35. They use google as their marketing tool- Search Objectives-True Engine Marketing 9. Becoming customer oriented is when the 36. Give at least 3 types of Marketing strategy- customers became the focal point-True 37. They are driven by specific need- Need based 10. Need-Based Customer is driven by specific need.- customer True 38. They have the feeling of returning spontaneous Identification buying due to regret- Impulse customer 11. This marketing strategy requires you to subscribe- 39. In strategic management the it includes the Email Marketing analyzation of _ and _. -Internal and External 12. This customers should be top of your mind for Discussion(add points) any company- Loyal Customers 40. Almost the same with business plan- Strategic 13. It creates the foundation to guide and direct the Management planning, actions and response of the business- 41. The polar opposite of impulse buyers- Discount Objective Customer 14. This marketing strategy includes Facebook, 42. It focuses on the day to day run of the business- YouTube, TikTok and Instagram- Social Media Business Plan Platform 43. Focuses on how they achieve specific initiatives- 15. This optimizes website content to help increase Strategic Management rankings on search engines- Search Engine 44. Used to promote and sell product or service- Optimization Marketing Strategy 16. Includes Magazines, Brochures and Billboards- 45. It helps to break the silos and align the goals and Print Marketing strategies with customers expectations and 17. They evolved overtime but still effective- feedback- Cross- Analysis Television and Radio 46. This is where companies create and deliver 18. It is anchored in deep understanding of customers consumer value and satisfaction by delivering a needs- Customer Value quality performance- Delivery of Superior 19. This part of Mission knows what the product aim- 47. Understand that their business won’t strive Brand Purpose higher if they don’t improve customer focus- 20. Stands as the aspirational and expresses the Becoming CO brand’s plan- Vision 48. The gathering of data or knowledge that can be 21. It is a customer relation/customer-centric influenced by many factors- Info. Acquisition objective- Social Business Objective 49. They examine external environmental factors that 22. It is a type of business objective that focuses on can affect an organization- Scanning process meeting their quality standards- Regulatory 50. It is how a product or service is worth to customers- 23. Their business objective focuses on the healthcare Customer Value benefits of employees- Healthcare 24. This objective know how they contribute in the country- National Objective 25. What are the 4 main business objectives- Economic, Social, Human and Organic 1. Bermeo 2. Landicho 3. Rosita 4. Adaya 5. Maranan 6. Ballesteros 7. Camitan 8. Balisi 9. Reyes 10. Pilac 11. Sanao 12. Arago 13. Umali 14. Abrenica 15. Vicedo 16. Valenzuela 17. Estomagio 18. Andal C. 19. Latorre 20. Villestas 21. Andal J 22. Camba 23. Macasaet H 24. Rellon 25. Olave 26. Fernandez 27. Adora 28. Dapog 29. Almero 30. Macasaet P 31. Calingasan 32. Moral 33. Mendoza 34. Rivera 35. Lirag