SlideShare a Scribd company logo
Suppose that 20% of the people in a large city have used a
hospital emergency room in the past year. If a random sample
of 125 people from the city is taken, approximate the
probability that fewer than 22 used an emergency room in the
past year. Use the normal approximation to the binomial with a
correction for continuity.
Appendix A Part 1: Marketing Plan Outline
I. BUSINESS MISSION
II. SITUATION ANALYSIS (SWOT ANALYSIS)
1. Internal Strengths and Weaknesses
2. External Opportunities and Threats
III. OBJECTIVES
IV. MARKETING STRATEGY
1. Target Market Strategy
2. Marketing Mix
1. Product
2. Place/Distribution
3. Promotion
4. Price
V. IMPLEMENTATION, EVALUATION, AND CONTROL
As you read in Chapter 2, there is more than one correct format
for a marketing plan. Many organizations have their own
distinctive format or terminology for creating a marketing plan,
and every marketing plan should be unique to the firm for which
it was created. The format and order of presentation, therefore,
must be flexible.
This appendix presents only one way to organize a marketing
plan. The outline is meant to give you a more detailed look at
what you need to include, topics you need to cover, and the
types of questions you must answer in any marketing plan. But,
depending on the product or service for which you are drafting a
plan, this set of questions may only be the starting point for
more industry-specific issues you need to address.
An actual marketing plan from E-motion Software follows this
outline. The E-motion marketing plan includes annotations that
tie each part of the plan to the material throughout the book.
You'll see the correlation between chapter concepts and the
elements of a professional marketing plan for a real company.
If you are assigned a marketing plan as a course requirement,
this appendix can help you organize your work. In addition,
worksheets that guide you through the process of marketing
planning are available on your textbook's companion site. The
worksheets can be completed electronically or printed out and
filled in by hand.
I. BUSINESS MISSION
· What is the mission of the firm? What business is it in? How
well is its mission understood throughout the organization? Five
years from now, what business does it wish to be in?
· Does the firm define its business in terms of benefits its
customers want rather than in terms of goods and services?
II. SITUATION ANALYSIS (SWOT ANALYSIS)
· Has one or more competitive advantages been identified in the
SWOT analysis?
· Are these advantages sustainable against the competition?
1. Internal Strengths and Weaknesses
· What is the history of the firm, including sales, profits, and
organizational philosophies?
· What is the nature of the firm and its current situation?
· What are the firm's resources (financial, human, time,
experience, asset, skill)?
· What policies inhibit the achievement of the firm's objectives
with respect to organization, resource allocation, operations,
hiring, training, and so on?
2. External Opportunities and Threats
· Social: What major social and lifestyle trends will have an
impact on the firm? What action has the firm been taking in
response to these trends?
· Demographics: What impact will forecasted trends in the size,
age, profile, and distribution of population have on the firm?
How will the changing nature of the family, the increase in the
proportion of women in the workforce, and changes in the
ethnic composition of the population affect the firm? What
action has the firm taken in response to these developments and
trends? Has the firm reevaluated its traditional products
and expanded the range of specialized offerings to respond to
these changes?
· Economic: What major trends in taxation and income sources
will have an impact on the firm? What action has the firm taken
in response to these trends?
· Political, Legal, and Financial: What laws are now being
proposed at international, federal, state, and local levels that
could affect marketing strategy and tactics? What recent
changes in regulations and court decisions affect the firm? What
political changes are taking place at each government level?
What action has the firm taken in response to these legal and
political changes?
· Competition: Which organizations are competing with the firm
directly by offering a similar product? Which organizations are
competing with the firm indirectly by securing its prime
prospects' time, money, energy, or commitment? What new
competitive trends seem likely to emerge? How effective is the
competition? What benefits do competitors offer that the firm
does not? Is it appropriate for the firm to compete?
· Technological: What major technological changes are
occurring that affect the firm?
· Ecological: What is the outlook for the cost and availability of
natural resources and energy needed by the firm? Are the firm's
products, services, and operations environmentally friendly?
III. OBJECTIVES
· Is the firm's mission statement able to be translated into
operational terms regarding the firm's objectives?
· What are the stated objectives of the organization? Are they
formally written down? Do they lead logically to clearly stated
marketing objectives? Are objectives based on sales, profits, or
customers?
· Are the organization's marketing objectives stated in
hierarchical order? Are they specific so that progress toward
achievement can be measured? Are the objectives reasonable in
light of the organization's resources? Are the objectives
ambiguous? Do the objectives specify a time frame?
· Is the firm's main objective to maximize customer satisfaction
or to get as many customers as possible?
IV. MARKETING STRATEGY
4. Target Market Strategy
. Are the members of each market homogeneous or
heterogeneous with respect to geographic, sociodemographic,
and behavioral characteristics?
. What are the size, growth rate, and national and regional
trends in each of the organization's market segments?
. Is the size of each market segment sufficiently large or
important to warrant a unique marketing mix?
. Are market segments measurable and accessible to distribution
and communication efforts?
. Which are the high- or low-opportunity segments?
. What are the evolving needs and satisfactions being sought by
target markets?
. What benefits does the organization offer to each segment?
How do these benefits compare with benefits offered by
competitors?
. Is the firm positioning itself with a unique product? Is the
product needed?
. How much of the firm's business is repeat versus new
business? What percentage of the public can be classified as
nonusers, light users, or heavy users?
. How do current target markets rate the firm and its
competitors with respect to reputation, quality, and price? What
is the firm's image with the specific market segments it seeks to
serve?
. Does the firm try to direct its products only to specific groups
of people or to everybody?
. Who buys the firm's products? How does a potential customer
find out about the organization? When and how does a person
become a customer?
. What are the major objections given by potential customers as
to why they do not buy the firm's products?
. How do customers find out about and decide to purchase the
product? When and where?
. Should the firm seek to expand, contract, or change the
emphasis of its selected target markets? If so, in which target
markets, and how vigorously?
. Could the firm more usefully withdraw from some areas where
there are alternative suppliers and use its resources to serve
new, unserved customer groups?
. What publics other than target markets (financial, media,
government, citizen, local, general, and internal) represent
opportunities or problems for the firm?
· Marketing Mix
. Does the firm seek to achieve its objective chiefly through
coordinated use of marketing activities (product, place,
promotion, and pricing) or only through intensive promotion?
. Are the objectives and roles of each element of the marketing
mix clearly specified?
2. Product
1. What are the major product/service offerings of the firm? Do
they complement each other, or is there unnecessary
duplication?
1. What are the features and benefits of each product offering?
1. Where are the firm and each major product in the life cycle?
1. What are the pressures among various target markets to
increase or decrease the range and quality of products?
1. What are the major weaknesses in each product area? What
are the major complaints? What goes wrong most often?
1. Is the product name easy to pronounce? Spell? Recall? Is it
descriptive, and does it communicate the benefits the product
offers? Does the name distinguish the firm or product from all
others?
1. What warranties are offered with the product? Are there other
ways to guarantee customer satisfaction?
1. Does the product offer good customer value?
1. How is customer service handled? How is service quality
assessed?
2. Place/Distribution
2. Should the firm try to deliver its offerings directly to
customers, or can it better deliver selected offerings by
involving other organizations? What channel(s) should be used
in distributing product offerings?
2. What physical distribution facilities should be used? Where
should they be located? What should be their major
characteristics?
2. Are members of the target market willing and able to travel
some distance to buy the product?
2. How good is access to facilities? Can access be improved?
Which facilities need priority attention in these areas?
2. How are facility locations chosen? Is the site accessible to
the target markets? Is it visible to the target markets?
2. What are the location and atmosphere of retail
establishments? Do these retailers satisfy customers?
2. When are products made available to users (season of year,
day of week, time of day)? Are these times most appropriate?
2. Promotion
3. How does a typical customer find out about the firm's
products?
3. Does the message the firm delivers gain the attention of the
intended target audience? Does it address the wants and needs
of the target market, and does it suggest benefits or a means for
satisfying these wants? Is the message appropriately positioned?
3. Does the promotion effort effectively inform, persuade,
educate, and remind customers about the firm's products?
3. Does the firm establish budgets and measure effectiveness of
promotional efforts?
4. Advertising
1. Which media are currently being used? Has the firm chosen
the types of media that will best reach its target markets?
1. Are the types of media used the most cost-effective, and do
they contribute positively to the firm's image?
1. Are the dates and times the ads will appear the
most appropriate? Has the firm prepared several versions of its
advertisements?
1. Does the organization use an outside advertising agency?
What functions does the ad agency perform for the
organization?
1. What system is used to handle consumer inquiries resulting
from advertising and promotions? What follow-up is done?
4. Public Relations
2. Is there a well-conceived public relations and publicity
program? Does the program have the ability to respond to bad
publicity?
2. How are public relations normally handled by the firm? By
whom? Have those responsible nurtured working relationships
with media outlets?
2. Is the firm using all available public relations avenues? Is an
effort made to understand each of the publicity outlet's needs
and to provide each with story types that will appeal to its
audience in readily usable forms?
2. What does the annual report say about the firm and its
products? Who is being effectively reached by this vehicle?
Does the benefit of the publication justify the cost?
4. Personal Selling
3. How much of a typical salesperson's time is spent soliciting
new customers as compared to serving existing customers?
3. How does the sales force determine which prospect will be
called on and by whom? How is the frequency of contacts
determined?
3. How is the sales force compensated? Are there incentives for
encouraging more business?
3. How is the sales force organized and managed?
3. Has the sales force prepared an approach tailored to each
prospect?
3. Has the firm matched sales personnel with the target market
characteristics?
3. Is there appropriate follow-up to the initial personal selling
effort? Are customers made to feel appreciated?
3. Can database or direct marketing be used to replace or
supplement the sales force?
4. Sales Promotion
4. What is the specific purpose of each sales promotion
activity? Why is it offered? What does it try to achieve?
4. What categories of sales promotion are being used? Is sales
promotion directed to the trade, the final consumer, or both?
4. Is the effort directed at all the firm's key publics or restricted
to only potential customers?
2. Price
4. What levels of pricing and specific prices should be used?
4. What mechanisms does the firm have to ensure that the prices
charged are acceptable to customers?
4. How price sensitive are customers?
4. If a price change is put into effect, how will the number of
customers change? Will total revenue increase or decrease?
4. Which method is used for establishing a price: going rate,
demand-oriented, or cost-based?
4. What discounts are offered, and with what rationale?
4. Has the firm considered the psychological dimensions of
price?
4. Have price increases kept pace with cost increases, inflation,
or competitive levels?
4. How are price promotions used?
4. Do interested prospects have opportunities to sample
products at an introductory price?
4. What methods of payment are accepted? Is it in the firm's
best interest to use these various payment methods?
. IMPLEMENTATION, EVALUATION, AND CONTROL
· Is the marketing organization structured appropriately to
implement the marketing plan?
· What specific activities must take place? Who is responsible
for these activities?
· What is the implementation timetable?
· What other marketing research is necessary?
· What will be the financial impact of this plan on a one-year
projected income statement? How does projected income
compare with expected revenue if the plan is not implemented?
· What are the performance standards?
· What monitoring procedures (audits) will take place and
when?
· Does the firm seem to be trying to do too much or not enough?
· Are the core marketing strategies for achieving objectives
sound? Are the objectives being met, and are the objectives
appropriate?
· Are enough resources (or too many resources) budgeted to
accomplish the marketing objectives?

More Related Content

Similar to Suppose that 20 of the people in a large city have used a hospita.docx

Marketing opp
Marketing oppMarketing opp
Marketing opp
Prasanna Venkatesan
 
Marketing challenges and oppotunities
Marketing challenges and oppotunitiesMarketing challenges and oppotunities
Marketing challenges and oppotunities
Prasanna Venkatesan
 
Business Plan 101
Business Plan 101Business Plan 101
Business Plan 101
Don Gooding
 
Marketing plan
Marketing planMarketing plan
Marketing plan
priyanka saxena
 
Env strategy and mkt planning@4 3-07
Env strategy and mkt  planning@4 3-07Env strategy and mkt  planning@4 3-07
Env strategy and mkt planning@4 3-07
Randy Hawthorne
 
APPENDIXMarketing Plan WorksheetsThese worksheets will assis.docx
APPENDIXMarketing Plan WorksheetsThese worksheets will assis.docxAPPENDIXMarketing Plan WorksheetsThese worksheets will assis.docx
APPENDIXMarketing Plan WorksheetsThese worksheets will assis.docx
justine1simpson78276
 
Visual Communication Planner: Communication made easy
Visual Communication Planner: Communication made easyVisual Communication Planner: Communication made easy
Visual Communication Planner: Communication made easy
Gabriele Carboni
 
Marketing plan in 85 slides
Marketing plan in 85 slidesMarketing plan in 85 slides
Marketing plan in 85 slides
Johanna Heinonen
 
Introduction to performing an assessment of your company's product management...
Introduction to performing an assessment of your company's product management...Introduction to performing an assessment of your company's product management...
Introduction to performing an assessment of your company's product management...
CompellingPM
 
Marketing channel selection
Marketing channel selection Marketing channel selection
Marketing channel selection
kongara
 
Test review 1@5 5-07 answers-for ed to use in class
Test review 1@5 5-07 answers-for  ed to use in classTest review 1@5 5-07 answers-for  ed to use in class
Test review 1@5 5-07 answers-for ed to use in class
Randy Hawthorne
 
Marketing management presentations
Marketing management presentationsMarketing management presentations
Marketing management presentations
jafrin akter
 
The Marketing Planning Workbook
The Marketing Planning WorkbookThe Marketing Planning Workbook
The Marketing Planning Workbook
Andrew Pearson
 
Student NameDeliverable Maple Leaf F.docx
Student NameDeliverable Maple Leaf F.docxStudent NameDeliverable Maple Leaf F.docx
Student NameDeliverable Maple Leaf F.docx
deanmtaylor1545
 
Case Study Part 1ACC221 Lesson 6 Case Study TemplateNameMEID Par
Case Study Part 1ACC221 Lesson 6 Case Study TemplateNameMEID ParCase Study Part 1ACC221 Lesson 6 Case Study TemplateNameMEID Par
Case Study Part 1ACC221 Lesson 6 Case Study TemplateNameMEID Par
MaximaSheffield592
 
CHAPTER 04 The IMC Planning Process.pptx
CHAPTER 04 The IMC Planning Process.pptxCHAPTER 04 The IMC Planning Process.pptx
CHAPTER 04 The IMC Planning Process.pptx
SadmanMuntasir
 
Module 2- Key Concepts of Marketing Process
Module 2- Key Concepts of Marketing ProcessModule 2- Key Concepts of Marketing Process
Module 2- Key Concepts of Marketing Process
DANEKHRYSSELSEVERA
 
Ch1 cb
Ch1 cbCh1 cb
Ch1 cb
narman1402
 
Strategic analysis & planning for NGOs engl
Strategic analysis & planning for NGOs englStrategic analysis & planning for NGOs engl
Strategic analysis & planning for NGOs engl
regiosuisse
 
Market research firms
Market research firmsMarket research firms
Market research firms
Anand Vinod Master
 

Similar to Suppose that 20 of the people in a large city have used a hospita.docx (20)

Marketing opp
Marketing oppMarketing opp
Marketing opp
 
Marketing challenges and oppotunities
Marketing challenges and oppotunitiesMarketing challenges and oppotunities
Marketing challenges and oppotunities
 
Business Plan 101
Business Plan 101Business Plan 101
Business Plan 101
 
Marketing plan
Marketing planMarketing plan
Marketing plan
 
Env strategy and mkt planning@4 3-07
Env strategy and mkt  planning@4 3-07Env strategy and mkt  planning@4 3-07
Env strategy and mkt planning@4 3-07
 
APPENDIXMarketing Plan WorksheetsThese worksheets will assis.docx
APPENDIXMarketing Plan WorksheetsThese worksheets will assis.docxAPPENDIXMarketing Plan WorksheetsThese worksheets will assis.docx
APPENDIXMarketing Plan WorksheetsThese worksheets will assis.docx
 
Visual Communication Planner: Communication made easy
Visual Communication Planner: Communication made easyVisual Communication Planner: Communication made easy
Visual Communication Planner: Communication made easy
 
Marketing plan in 85 slides
Marketing plan in 85 slidesMarketing plan in 85 slides
Marketing plan in 85 slides
 
Introduction to performing an assessment of your company's product management...
Introduction to performing an assessment of your company's product management...Introduction to performing an assessment of your company's product management...
Introduction to performing an assessment of your company's product management...
 
Marketing channel selection
Marketing channel selection Marketing channel selection
Marketing channel selection
 
Test review 1@5 5-07 answers-for ed to use in class
Test review 1@5 5-07 answers-for  ed to use in classTest review 1@5 5-07 answers-for  ed to use in class
Test review 1@5 5-07 answers-for ed to use in class
 
Marketing management presentations
Marketing management presentationsMarketing management presentations
Marketing management presentations
 
The Marketing Planning Workbook
The Marketing Planning WorkbookThe Marketing Planning Workbook
The Marketing Planning Workbook
 
Student NameDeliverable Maple Leaf F.docx
Student NameDeliverable Maple Leaf F.docxStudent NameDeliverable Maple Leaf F.docx
Student NameDeliverable Maple Leaf F.docx
 
Case Study Part 1ACC221 Lesson 6 Case Study TemplateNameMEID Par
Case Study Part 1ACC221 Lesson 6 Case Study TemplateNameMEID ParCase Study Part 1ACC221 Lesson 6 Case Study TemplateNameMEID Par
Case Study Part 1ACC221 Lesson 6 Case Study TemplateNameMEID Par
 
CHAPTER 04 The IMC Planning Process.pptx
CHAPTER 04 The IMC Planning Process.pptxCHAPTER 04 The IMC Planning Process.pptx
CHAPTER 04 The IMC Planning Process.pptx
 
Module 2- Key Concepts of Marketing Process
Module 2- Key Concepts of Marketing ProcessModule 2- Key Concepts of Marketing Process
Module 2- Key Concepts of Marketing Process
 
Ch1 cb
Ch1 cbCh1 cb
Ch1 cb
 
Strategic analysis & planning for NGOs engl
Strategic analysis & planning for NGOs englStrategic analysis & planning for NGOs engl
Strategic analysis & planning for NGOs engl
 
Market research firms
Market research firmsMarket research firms
Market research firms
 

More from mattinsonjanel

The changes required in the IT project plan for Telecomm Ltd would.docx
The changes required in the IT project plan for Telecomm Ltd would.docxThe changes required in the IT project plan for Telecomm Ltd would.docx
The changes required in the IT project plan for Telecomm Ltd would.docx
mattinsonjanel
 
The Catholic University of America Metropolitan School of .docx
The Catholic University of America Metropolitan School of .docxThe Catholic University of America Metropolitan School of .docx
The Catholic University of America Metropolitan School of .docx
mattinsonjanel
 
The Case of Frank and Judy. During the past few years Frank an.docx
The Case of Frank and Judy. During the past few years Frank an.docxThe Case of Frank and Judy. During the past few years Frank an.docx
The Case of Frank and Judy. During the past few years Frank an.docx
mattinsonjanel
 
The Case of MikeChapter 5 • Common Theoretical Counseling Perspe.docx
The Case of MikeChapter 5 • Common Theoretical Counseling Perspe.docxThe Case of MikeChapter 5 • Common Theoretical Counseling Perspe.docx
The Case of MikeChapter 5 • Common Theoretical Counseling Perspe.docx
mattinsonjanel
 
THE CHRONICLE OF HIGHER EDUCATIONNovember 8, 2002 -- vol. 49, .docx
THE CHRONICLE OF HIGHER EDUCATIONNovember 8, 2002 -- vol. 49, .docxTHE CHRONICLE OF HIGHER EDUCATIONNovember 8, 2002 -- vol. 49, .docx
THE CHRONICLE OF HIGHER EDUCATIONNovember 8, 2002 -- vol. 49, .docx
mattinsonjanel
 
The chart is a guide rather than an absolute – feel free to modify.docx
The chart is a guide rather than an absolute – feel free to modify.docxThe chart is a guide rather than an absolute – feel free to modify.docx
The chart is a guide rather than an absolute – feel free to modify.docx
mattinsonjanel
 
The Challenge of Choosing FoodFor this forum, please read http.docx
The Challenge of Choosing FoodFor this forum, please read http.docxThe Challenge of Choosing FoodFor this forum, please read http.docx
The Challenge of Choosing FoodFor this forum, please read http.docx
mattinsonjanel
 
The Civil Rights Movem.docx
The Civil Rights Movem.docxThe Civil Rights Movem.docx
The Civil Rights Movem.docx
mattinsonjanel
 
The Churchill CentreReturn to Full GraphicsThe Churchi.docx
The Churchill CentreReturn to Full GraphicsThe Churchi.docxThe Churchill CentreReturn to Full GraphicsThe Churchi.docx
The Churchill CentreReturn to Full GraphicsThe Churchi.docx
mattinsonjanel
 
The Categorical Imperative (selections taken from The Foundati.docx
The Categorical Imperative (selections taken from The Foundati.docxThe Categorical Imperative (selections taken from The Foundati.docx
The Categorical Imperative (selections taken from The Foundati.docx
mattinsonjanel
 
The cave represents how we are trained to think, fell or act accor.docx
The cave represents how we are trained to think, fell or act accor.docxThe cave represents how we are trained to think, fell or act accor.docx
The cave represents how we are trained to think, fell or act accor.docx
mattinsonjanel
 
The Case Superior Foods Corporation Faces a ChallengeOn his way.docx
The Case Superior Foods Corporation Faces a ChallengeOn his way.docxThe Case Superior Foods Corporation Faces a ChallengeOn his way.docx
The Case Superior Foods Corporation Faces a ChallengeOn his way.docx
mattinsonjanel
 
The Case You can choose to discuss relativism in view of one .docx
The Case You can choose to discuss relativism in view of one .docxThe Case You can choose to discuss relativism in view of one .docx
The Case You can choose to discuss relativism in view of one .docx
mattinsonjanel
 
The Case Study of Jim, Week Six The body or text (i.e., not rest.docx
The Case Study of Jim, Week Six The body or text (i.e., not rest.docxThe Case Study of Jim, Week Six The body or text (i.e., not rest.docx
The Case Study of Jim, Week Six The body or text (i.e., not rest.docx
mattinsonjanel
 
The Case of Missing Boots Made in ItalyYou can lead a shipper to.docx
The Case of Missing Boots Made in ItalyYou can lead a shipper to.docxThe Case of Missing Boots Made in ItalyYou can lead a shipper to.docx
The Case of Missing Boots Made in ItalyYou can lead a shipper to.docx
mattinsonjanel
 
The Cardiovascular SystemNSCI281 Version 51University of .docx
The Cardiovascular SystemNSCI281 Version 51University of .docxThe Cardiovascular SystemNSCI281 Version 51University of .docx
The Cardiovascular SystemNSCI281 Version 51University of .docx
mattinsonjanel
 
The Cardiovascular SystemNSCI281 Version 55University of .docx
The Cardiovascular SystemNSCI281 Version 55University of .docxThe Cardiovascular SystemNSCI281 Version 55University of .docx
The Cardiovascular SystemNSCI281 Version 55University of .docx
mattinsonjanel
 
The Case of Jeff Pedophile in InstitutionJeff is a 35-year-old .docx
The Case of Jeff Pedophile in InstitutionJeff is a 35-year-old .docxThe Case of Jeff Pedophile in InstitutionJeff is a 35-year-old .docx
The Case of Jeff Pedophile in InstitutionJeff is a 35-year-old .docx
mattinsonjanel
 
The British Airways Swipe Card Debacle case study;On Friday, Jul.docx
The British Airways Swipe Card Debacle case study;On Friday, Jul.docxThe British Airways Swipe Card Debacle case study;On Friday, Jul.docx
The British Airways Swipe Card Debacle case study;On Friday, Jul.docx
mattinsonjanel
 
The Case Abstract Accuracy International (AI) is a s.docx
The Case  Abstract  Accuracy International (AI) is a s.docxThe Case  Abstract  Accuracy International (AI) is a s.docx
The Case Abstract Accuracy International (AI) is a s.docx
mattinsonjanel
 

More from mattinsonjanel (20)

The changes required in the IT project plan for Telecomm Ltd would.docx
The changes required in the IT project plan for Telecomm Ltd would.docxThe changes required in the IT project plan for Telecomm Ltd would.docx
The changes required in the IT project plan for Telecomm Ltd would.docx
 
The Catholic University of America Metropolitan School of .docx
The Catholic University of America Metropolitan School of .docxThe Catholic University of America Metropolitan School of .docx
The Catholic University of America Metropolitan School of .docx
 
The Case of Frank and Judy. During the past few years Frank an.docx
The Case of Frank and Judy. During the past few years Frank an.docxThe Case of Frank and Judy. During the past few years Frank an.docx
The Case of Frank and Judy. During the past few years Frank an.docx
 
The Case of MikeChapter 5 • Common Theoretical Counseling Perspe.docx
The Case of MikeChapter 5 • Common Theoretical Counseling Perspe.docxThe Case of MikeChapter 5 • Common Theoretical Counseling Perspe.docx
The Case of MikeChapter 5 • Common Theoretical Counseling Perspe.docx
 
THE CHRONICLE OF HIGHER EDUCATIONNovember 8, 2002 -- vol. 49, .docx
THE CHRONICLE OF HIGHER EDUCATIONNovember 8, 2002 -- vol. 49, .docxTHE CHRONICLE OF HIGHER EDUCATIONNovember 8, 2002 -- vol. 49, .docx
THE CHRONICLE OF HIGHER EDUCATIONNovember 8, 2002 -- vol. 49, .docx
 
The chart is a guide rather than an absolute – feel free to modify.docx
The chart is a guide rather than an absolute – feel free to modify.docxThe chart is a guide rather than an absolute – feel free to modify.docx
The chart is a guide rather than an absolute – feel free to modify.docx
 
The Challenge of Choosing FoodFor this forum, please read http.docx
The Challenge of Choosing FoodFor this forum, please read http.docxThe Challenge of Choosing FoodFor this forum, please read http.docx
The Challenge of Choosing FoodFor this forum, please read http.docx
 
The Civil Rights Movem.docx
The Civil Rights Movem.docxThe Civil Rights Movem.docx
The Civil Rights Movem.docx
 
The Churchill CentreReturn to Full GraphicsThe Churchi.docx
The Churchill CentreReturn to Full GraphicsThe Churchi.docxThe Churchill CentreReturn to Full GraphicsThe Churchi.docx
The Churchill CentreReturn to Full GraphicsThe Churchi.docx
 
The Categorical Imperative (selections taken from The Foundati.docx
The Categorical Imperative (selections taken from The Foundati.docxThe Categorical Imperative (selections taken from The Foundati.docx
The Categorical Imperative (selections taken from The Foundati.docx
 
The cave represents how we are trained to think, fell or act accor.docx
The cave represents how we are trained to think, fell or act accor.docxThe cave represents how we are trained to think, fell or act accor.docx
The cave represents how we are trained to think, fell or act accor.docx
 
The Case Superior Foods Corporation Faces a ChallengeOn his way.docx
The Case Superior Foods Corporation Faces a ChallengeOn his way.docxThe Case Superior Foods Corporation Faces a ChallengeOn his way.docx
The Case Superior Foods Corporation Faces a ChallengeOn his way.docx
 
The Case You can choose to discuss relativism in view of one .docx
The Case You can choose to discuss relativism in view of one .docxThe Case You can choose to discuss relativism in view of one .docx
The Case You can choose to discuss relativism in view of one .docx
 
The Case Study of Jim, Week Six The body or text (i.e., not rest.docx
The Case Study of Jim, Week Six The body or text (i.e., not rest.docxThe Case Study of Jim, Week Six The body or text (i.e., not rest.docx
The Case Study of Jim, Week Six The body or text (i.e., not rest.docx
 
The Case of Missing Boots Made in ItalyYou can lead a shipper to.docx
The Case of Missing Boots Made in ItalyYou can lead a shipper to.docxThe Case of Missing Boots Made in ItalyYou can lead a shipper to.docx
The Case of Missing Boots Made in ItalyYou can lead a shipper to.docx
 
The Cardiovascular SystemNSCI281 Version 51University of .docx
The Cardiovascular SystemNSCI281 Version 51University of .docxThe Cardiovascular SystemNSCI281 Version 51University of .docx
The Cardiovascular SystemNSCI281 Version 51University of .docx
 
The Cardiovascular SystemNSCI281 Version 55University of .docx
The Cardiovascular SystemNSCI281 Version 55University of .docxThe Cardiovascular SystemNSCI281 Version 55University of .docx
The Cardiovascular SystemNSCI281 Version 55University of .docx
 
The Case of Jeff Pedophile in InstitutionJeff is a 35-year-old .docx
The Case of Jeff Pedophile in InstitutionJeff is a 35-year-old .docxThe Case of Jeff Pedophile in InstitutionJeff is a 35-year-old .docx
The Case of Jeff Pedophile in InstitutionJeff is a 35-year-old .docx
 
The British Airways Swipe Card Debacle case study;On Friday, Jul.docx
The British Airways Swipe Card Debacle case study;On Friday, Jul.docxThe British Airways Swipe Card Debacle case study;On Friday, Jul.docx
The British Airways Swipe Card Debacle case study;On Friday, Jul.docx
 
The Case Abstract Accuracy International (AI) is a s.docx
The Case  Abstract  Accuracy International (AI) is a s.docxThe Case  Abstract  Accuracy International (AI) is a s.docx
The Case Abstract Accuracy International (AI) is a s.docx
 

Recently uploaded

Advanced Java[Extra Concepts, Not Difficult].docx
Advanced Java[Extra Concepts, Not Difficult].docxAdvanced Java[Extra Concepts, Not Difficult].docx
Advanced Java[Extra Concepts, Not Difficult].docx
adhitya5119
 
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptxChapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
Mohd Adib Abd Muin, Senior Lecturer at Universiti Utara Malaysia
 
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptxC1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
mulvey2
 
writing about opinions about Australia the movie
writing about opinions about Australia the moviewriting about opinions about Australia the movie
writing about opinions about Australia the movie
Nicholas Montgomery
 
LAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UP
LAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UPLAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UP
LAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UP
RAHUL
 
Présentationvvvvvvvvvvvvvvvvvvvvvvvvvvvv2.pptx
Présentationvvvvvvvvvvvvvvvvvvvvvvvvvvvv2.pptxPrésentationvvvvvvvvvvvvvvvvvvvvvvvvvvvv2.pptx
Présentationvvvvvvvvvvvvvvvvvvvvvvvvvvvv2.pptx
siemaillard
 
คำศัพท์ คำพื้นฐานการอ่าน ภาษาอังกฤษ ระดับชั้น ม.1
คำศัพท์ คำพื้นฐานการอ่าน ภาษาอังกฤษ ระดับชั้น ม.1คำศัพท์ คำพื้นฐานการอ่าน ภาษาอังกฤษ ระดับชั้น ม.1
คำศัพท์ คำพื้นฐานการอ่าน ภาษาอังกฤษ ระดับชั้น ม.1
สมใจ จันสุกสี
 
Wound healing PPT
Wound healing PPTWound healing PPT
Wound healing PPT
Jyoti Chand
 
Beyond Degrees - Empowering the Workforce in the Context of Skills-First.pptx
Beyond Degrees - Empowering the Workforce in the Context of Skills-First.pptxBeyond Degrees - Empowering the Workforce in the Context of Skills-First.pptx
Beyond Degrees - Empowering the Workforce in the Context of Skills-First.pptx
EduSkills OECD
 
PIMS Job Advertisement 2024.pdf Islamabad
PIMS Job Advertisement 2024.pdf IslamabadPIMS Job Advertisement 2024.pdf Islamabad
PIMS Job Advertisement 2024.pdf Islamabad
AyyanKhan40
 
MARY JANE WILSON, A “BOA MÃE” .
MARY JANE WILSON, A “BOA MÃE”           .MARY JANE WILSON, A “BOA MÃE”           .
MARY JANE WILSON, A “BOA MÃE” .
Colégio Santa Teresinha
 
Chapter wise All Notes of First year Basic Civil Engineering.pptx
Chapter wise All Notes of First year Basic Civil Engineering.pptxChapter wise All Notes of First year Basic Civil Engineering.pptx
Chapter wise All Notes of First year Basic Civil Engineering.pptx
Denish Jangid
 
spot a liar (Haiqa 146).pptx Technical writhing and presentation skills
spot a liar (Haiqa 146).pptx Technical writhing and presentation skillsspot a liar (Haiqa 146).pptx Technical writhing and presentation skills
spot a liar (Haiqa 146).pptx Technical writhing and presentation skills
haiqairshad
 
PCOS corelations and management through Ayurveda.
PCOS corelations and management through Ayurveda.PCOS corelations and management through Ayurveda.
PCOS corelations and management through Ayurveda.
Dr. Shivangi Singh Parihar
 
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdfবাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
eBook.com.bd (প্রয়োজনীয় বাংলা বই)
 
Walmart Business+ and Spark Good for Nonprofits.pdf
Walmart Business+ and Spark Good for Nonprofits.pdfWalmart Business+ and Spark Good for Nonprofits.pdf
Walmart Business+ and Spark Good for Nonprofits.pdf
TechSoup
 
How to Create a More Engaging and Human Online Learning Experience
How to Create a More Engaging and Human Online Learning Experience How to Create a More Engaging and Human Online Learning Experience
How to Create a More Engaging and Human Online Learning Experience
Wahiba Chair Training & Consulting
 
Digital Artefact 1 - Tiny Home Environmental Design
Digital Artefact 1 - Tiny Home Environmental DesignDigital Artefact 1 - Tiny Home Environmental Design
Digital Artefact 1 - Tiny Home Environmental Design
amberjdewit93
 
Leveraging Generative AI to Drive Nonprofit Innovation
Leveraging Generative AI to Drive Nonprofit InnovationLeveraging Generative AI to Drive Nonprofit Innovation
Leveraging Generative AI to Drive Nonprofit Innovation
TechSoup
 
Pengantar Penggunaan Flutter - Dart programming language1.pptx
Pengantar Penggunaan Flutter - Dart programming language1.pptxPengantar Penggunaan Flutter - Dart programming language1.pptx
Pengantar Penggunaan Flutter - Dart programming language1.pptx
Fajar Baskoro
 

Recently uploaded (20)

Advanced Java[Extra Concepts, Not Difficult].docx
Advanced Java[Extra Concepts, Not Difficult].docxAdvanced Java[Extra Concepts, Not Difficult].docx
Advanced Java[Extra Concepts, Not Difficult].docx
 
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptxChapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
 
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptxC1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
 
writing about opinions about Australia the movie
writing about opinions about Australia the moviewriting about opinions about Australia the movie
writing about opinions about Australia the movie
 
LAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UP
LAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UPLAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UP
LAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UP
 
Présentationvvvvvvvvvvvvvvvvvvvvvvvvvvvv2.pptx
Présentationvvvvvvvvvvvvvvvvvvvvvvvvvvvv2.pptxPrésentationvvvvvvvvvvvvvvvvvvvvvvvvvvvv2.pptx
Présentationvvvvvvvvvvvvvvvvvvvvvvvvvvvv2.pptx
 
คำศัพท์ คำพื้นฐานการอ่าน ภาษาอังกฤษ ระดับชั้น ม.1
คำศัพท์ คำพื้นฐานการอ่าน ภาษาอังกฤษ ระดับชั้น ม.1คำศัพท์ คำพื้นฐานการอ่าน ภาษาอังกฤษ ระดับชั้น ม.1
คำศัพท์ คำพื้นฐานการอ่าน ภาษาอังกฤษ ระดับชั้น ม.1
 
Wound healing PPT
Wound healing PPTWound healing PPT
Wound healing PPT
 
Beyond Degrees - Empowering the Workforce in the Context of Skills-First.pptx
Beyond Degrees - Empowering the Workforce in the Context of Skills-First.pptxBeyond Degrees - Empowering the Workforce in the Context of Skills-First.pptx
Beyond Degrees - Empowering the Workforce in the Context of Skills-First.pptx
 
PIMS Job Advertisement 2024.pdf Islamabad
PIMS Job Advertisement 2024.pdf IslamabadPIMS Job Advertisement 2024.pdf Islamabad
PIMS Job Advertisement 2024.pdf Islamabad
 
MARY JANE WILSON, A “BOA MÃE” .
MARY JANE WILSON, A “BOA MÃE”           .MARY JANE WILSON, A “BOA MÃE”           .
MARY JANE WILSON, A “BOA MÃE” .
 
Chapter wise All Notes of First year Basic Civil Engineering.pptx
Chapter wise All Notes of First year Basic Civil Engineering.pptxChapter wise All Notes of First year Basic Civil Engineering.pptx
Chapter wise All Notes of First year Basic Civil Engineering.pptx
 
spot a liar (Haiqa 146).pptx Technical writhing and presentation skills
spot a liar (Haiqa 146).pptx Technical writhing and presentation skillsspot a liar (Haiqa 146).pptx Technical writhing and presentation skills
spot a liar (Haiqa 146).pptx Technical writhing and presentation skills
 
PCOS corelations and management through Ayurveda.
PCOS corelations and management through Ayurveda.PCOS corelations and management through Ayurveda.
PCOS corelations and management through Ayurveda.
 
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdfবাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
 
Walmart Business+ and Spark Good for Nonprofits.pdf
Walmart Business+ and Spark Good for Nonprofits.pdfWalmart Business+ and Spark Good for Nonprofits.pdf
Walmart Business+ and Spark Good for Nonprofits.pdf
 
How to Create a More Engaging and Human Online Learning Experience
How to Create a More Engaging and Human Online Learning Experience How to Create a More Engaging and Human Online Learning Experience
How to Create a More Engaging and Human Online Learning Experience
 
Digital Artefact 1 - Tiny Home Environmental Design
Digital Artefact 1 - Tiny Home Environmental DesignDigital Artefact 1 - Tiny Home Environmental Design
Digital Artefact 1 - Tiny Home Environmental Design
 
Leveraging Generative AI to Drive Nonprofit Innovation
Leveraging Generative AI to Drive Nonprofit InnovationLeveraging Generative AI to Drive Nonprofit Innovation
Leveraging Generative AI to Drive Nonprofit Innovation
 
Pengantar Penggunaan Flutter - Dart programming language1.pptx
Pengantar Penggunaan Flutter - Dart programming language1.pptxPengantar Penggunaan Flutter - Dart programming language1.pptx
Pengantar Penggunaan Flutter - Dart programming language1.pptx
 

Suppose that 20 of the people in a large city have used a hospita.docx

  • 1. Suppose that 20% of the people in a large city have used a hospital emergency room in the past year. If a random sample of 125 people from the city is taken, approximate the probability that fewer than 22 used an emergency room in the past year. Use the normal approximation to the binomial with a correction for continuity. Appendix A Part 1: Marketing Plan Outline I. BUSINESS MISSION II. SITUATION ANALYSIS (SWOT ANALYSIS) 1. Internal Strengths and Weaknesses 2. External Opportunities and Threats III. OBJECTIVES IV. MARKETING STRATEGY 1. Target Market Strategy 2. Marketing Mix 1. Product 2. Place/Distribution 3. Promotion 4. Price V. IMPLEMENTATION, EVALUATION, AND CONTROL As you read in Chapter 2, there is more than one correct format for a marketing plan. Many organizations have their own distinctive format or terminology for creating a marketing plan, and every marketing plan should be unique to the firm for which it was created. The format and order of presentation, therefore, must be flexible. This appendix presents only one way to organize a marketing plan. The outline is meant to give you a more detailed look at what you need to include, topics you need to cover, and the types of questions you must answer in any marketing plan. But, depending on the product or service for which you are drafting a plan, this set of questions may only be the starting point for more industry-specific issues you need to address.
  • 2. An actual marketing plan from E-motion Software follows this outline. The E-motion marketing plan includes annotations that tie each part of the plan to the material throughout the book. You'll see the correlation between chapter concepts and the elements of a professional marketing plan for a real company. If you are assigned a marketing plan as a course requirement, this appendix can help you organize your work. In addition, worksheets that guide you through the process of marketing planning are available on your textbook's companion site. The worksheets can be completed electronically or printed out and filled in by hand. I. BUSINESS MISSION · What is the mission of the firm? What business is it in? How well is its mission understood throughout the organization? Five years from now, what business does it wish to be in? · Does the firm define its business in terms of benefits its customers want rather than in terms of goods and services? II. SITUATION ANALYSIS (SWOT ANALYSIS) · Has one or more competitive advantages been identified in the SWOT analysis? · Are these advantages sustainable against the competition? 1. Internal Strengths and Weaknesses · What is the history of the firm, including sales, profits, and organizational philosophies? · What is the nature of the firm and its current situation? · What are the firm's resources (financial, human, time, experience, asset, skill)? · What policies inhibit the achievement of the firm's objectives with respect to organization, resource allocation, operations, hiring, training, and so on? 2. External Opportunities and Threats · Social: What major social and lifestyle trends will have an impact on the firm? What action has the firm been taking in response to these trends? · Demographics: What impact will forecasted trends in the size, age, profile, and distribution of population have on the firm?
  • 3. How will the changing nature of the family, the increase in the proportion of women in the workforce, and changes in the ethnic composition of the population affect the firm? What action has the firm taken in response to these developments and trends? Has the firm reevaluated its traditional products and expanded the range of specialized offerings to respond to these changes? · Economic: What major trends in taxation and income sources will have an impact on the firm? What action has the firm taken in response to these trends? · Political, Legal, and Financial: What laws are now being proposed at international, federal, state, and local levels that could affect marketing strategy and tactics? What recent changes in regulations and court decisions affect the firm? What political changes are taking place at each government level? What action has the firm taken in response to these legal and political changes? · Competition: Which organizations are competing with the firm directly by offering a similar product? Which organizations are competing with the firm indirectly by securing its prime prospects' time, money, energy, or commitment? What new competitive trends seem likely to emerge? How effective is the competition? What benefits do competitors offer that the firm does not? Is it appropriate for the firm to compete? · Technological: What major technological changes are occurring that affect the firm? · Ecological: What is the outlook for the cost and availability of natural resources and energy needed by the firm? Are the firm's products, services, and operations environmentally friendly? III. OBJECTIVES · Is the firm's mission statement able to be translated into operational terms regarding the firm's objectives? · What are the stated objectives of the organization? Are they formally written down? Do they lead logically to clearly stated marketing objectives? Are objectives based on sales, profits, or customers?
  • 4. · Are the organization's marketing objectives stated in hierarchical order? Are they specific so that progress toward achievement can be measured? Are the objectives reasonable in light of the organization's resources? Are the objectives ambiguous? Do the objectives specify a time frame? · Is the firm's main objective to maximize customer satisfaction or to get as many customers as possible? IV. MARKETING STRATEGY 4. Target Market Strategy . Are the members of each market homogeneous or heterogeneous with respect to geographic, sociodemographic, and behavioral characteristics? . What are the size, growth rate, and national and regional trends in each of the organization's market segments? . Is the size of each market segment sufficiently large or important to warrant a unique marketing mix? . Are market segments measurable and accessible to distribution and communication efforts? . Which are the high- or low-opportunity segments? . What are the evolving needs and satisfactions being sought by target markets? . What benefits does the organization offer to each segment? How do these benefits compare with benefits offered by competitors? . Is the firm positioning itself with a unique product? Is the product needed? . How much of the firm's business is repeat versus new business? What percentage of the public can be classified as nonusers, light users, or heavy users? . How do current target markets rate the firm and its competitors with respect to reputation, quality, and price? What is the firm's image with the specific market segments it seeks to serve? . Does the firm try to direct its products only to specific groups of people or to everybody? . Who buys the firm's products? How does a potential customer
  • 5. find out about the organization? When and how does a person become a customer? . What are the major objections given by potential customers as to why they do not buy the firm's products? . How do customers find out about and decide to purchase the product? When and where? . Should the firm seek to expand, contract, or change the emphasis of its selected target markets? If so, in which target markets, and how vigorously? . Could the firm more usefully withdraw from some areas where there are alternative suppliers and use its resources to serve new, unserved customer groups? . What publics other than target markets (financial, media, government, citizen, local, general, and internal) represent opportunities or problems for the firm? · Marketing Mix . Does the firm seek to achieve its objective chiefly through coordinated use of marketing activities (product, place, promotion, and pricing) or only through intensive promotion? . Are the objectives and roles of each element of the marketing mix clearly specified? 2. Product 1. What are the major product/service offerings of the firm? Do they complement each other, or is there unnecessary duplication? 1. What are the features and benefits of each product offering? 1. Where are the firm and each major product in the life cycle? 1. What are the pressures among various target markets to increase or decrease the range and quality of products? 1. What are the major weaknesses in each product area? What are the major complaints? What goes wrong most often? 1. Is the product name easy to pronounce? Spell? Recall? Is it descriptive, and does it communicate the benefits the product offers? Does the name distinguish the firm or product from all others? 1. What warranties are offered with the product? Are there other
  • 6. ways to guarantee customer satisfaction? 1. Does the product offer good customer value? 1. How is customer service handled? How is service quality assessed? 2. Place/Distribution 2. Should the firm try to deliver its offerings directly to customers, or can it better deliver selected offerings by involving other organizations? What channel(s) should be used in distributing product offerings? 2. What physical distribution facilities should be used? Where should they be located? What should be their major characteristics? 2. Are members of the target market willing and able to travel some distance to buy the product? 2. How good is access to facilities? Can access be improved? Which facilities need priority attention in these areas? 2. How are facility locations chosen? Is the site accessible to the target markets? Is it visible to the target markets? 2. What are the location and atmosphere of retail establishments? Do these retailers satisfy customers? 2. When are products made available to users (season of year, day of week, time of day)? Are these times most appropriate? 2. Promotion 3. How does a typical customer find out about the firm's products? 3. Does the message the firm delivers gain the attention of the intended target audience? Does it address the wants and needs of the target market, and does it suggest benefits or a means for satisfying these wants? Is the message appropriately positioned? 3. Does the promotion effort effectively inform, persuade, educate, and remind customers about the firm's products? 3. Does the firm establish budgets and measure effectiveness of promotional efforts? 4. Advertising 1. Which media are currently being used? Has the firm chosen the types of media that will best reach its target markets?
  • 7. 1. Are the types of media used the most cost-effective, and do they contribute positively to the firm's image? 1. Are the dates and times the ads will appear the most appropriate? Has the firm prepared several versions of its advertisements? 1. Does the organization use an outside advertising agency? What functions does the ad agency perform for the organization? 1. What system is used to handle consumer inquiries resulting from advertising and promotions? What follow-up is done? 4. Public Relations 2. Is there a well-conceived public relations and publicity program? Does the program have the ability to respond to bad publicity? 2. How are public relations normally handled by the firm? By whom? Have those responsible nurtured working relationships with media outlets? 2. Is the firm using all available public relations avenues? Is an effort made to understand each of the publicity outlet's needs and to provide each with story types that will appeal to its audience in readily usable forms? 2. What does the annual report say about the firm and its products? Who is being effectively reached by this vehicle? Does the benefit of the publication justify the cost? 4. Personal Selling 3. How much of a typical salesperson's time is spent soliciting new customers as compared to serving existing customers? 3. How does the sales force determine which prospect will be called on and by whom? How is the frequency of contacts determined? 3. How is the sales force compensated? Are there incentives for encouraging more business? 3. How is the sales force organized and managed? 3. Has the sales force prepared an approach tailored to each prospect? 3. Has the firm matched sales personnel with the target market
  • 8. characteristics? 3. Is there appropriate follow-up to the initial personal selling effort? Are customers made to feel appreciated? 3. Can database or direct marketing be used to replace or supplement the sales force? 4. Sales Promotion 4. What is the specific purpose of each sales promotion activity? Why is it offered? What does it try to achieve? 4. What categories of sales promotion are being used? Is sales promotion directed to the trade, the final consumer, or both? 4. Is the effort directed at all the firm's key publics or restricted to only potential customers? 2. Price 4. What levels of pricing and specific prices should be used? 4. What mechanisms does the firm have to ensure that the prices charged are acceptable to customers? 4. How price sensitive are customers? 4. If a price change is put into effect, how will the number of customers change? Will total revenue increase or decrease? 4. Which method is used for establishing a price: going rate, demand-oriented, or cost-based? 4. What discounts are offered, and with what rationale? 4. Has the firm considered the psychological dimensions of price? 4. Have price increases kept pace with cost increases, inflation, or competitive levels? 4. How are price promotions used? 4. Do interested prospects have opportunities to sample products at an introductory price? 4. What methods of payment are accepted? Is it in the firm's best interest to use these various payment methods? . IMPLEMENTATION, EVALUATION, AND CONTROL · Is the marketing organization structured appropriately to implement the marketing plan? · What specific activities must take place? Who is responsible for these activities?
  • 9. · What is the implementation timetable? · What other marketing research is necessary? · What will be the financial impact of this plan on a one-year projected income statement? How does projected income compare with expected revenue if the plan is not implemented? · What are the performance standards? · What monitoring procedures (audits) will take place and when? · Does the firm seem to be trying to do too much or not enough? · Are the core marketing strategies for achieving objectives sound? Are the objectives being met, and are the objectives appropriate? · Are enough resources (or too many resources) budgeted to accomplish the marketing objectives?