Which of the following statements is true about maximize net marketing contribution strategy?
A) It is an offensive core strategy.
B) It results in inefficient use of marketing resources.
C) It requires careful margin management.
D) Its first step is to focus on optimal management of price-volume rather than margin-volume.
E) It is most effective in very unattractive markets where the firm has a very weak competitive position.
C
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What will be an ideal response?
Clearwater Hampers is a small British company that sells luxury food and drink in various combinations in picnic hampers. Food and wine are seen as classic, fail-safe gifts in a market where present-buying is increasingly tricky. Corporate customers, both in the United Kingdom and abroad, are important to the business. Clearwater has had several orders for more than a quarter of a million dollars. The company's leading salesperson, Peter Austin, is preparing the approach he will use during his first sales call with the CEO of Diamonite, a company that specializes in designing, manufacturing, and installing aircraft interiors for executives and heads of state.What type of approach will Austin be using if he enters the CEO's office and says, "Good morning. I'm Peter Austin from Clearwater
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A prediction that provides managers with an estimate of future revenue to be received and the units to be sold, but also serves as the basis for planning in the other functional areas, is a
A. strategic plan. B. budget. C. sales forecast. D. marketing plan. E. contingency plan.