1 | planning | | _____ | the process of determining an organization's long-term primary objectives and adopting courses of action that will achieve these objectives |
2 | marketing planning | | _____ | the overall process of anticipating conditions and determining the best way to achieve organizational objectives |
3 | strategic planning | | _____ | a written plan that outlines the strategic marketing goals of an organization |
4 | tactical planning | | _____ | the process devoted specifically to achieving marketing objectives |
5 | operational planning | | _____ | an important strategic planning tool that helps managers analyze the internal and external environment to assess strengths, weaknesses, opportunities, and threats |
6 | marketing plan | | _____ | key business units within diversified firms |
7 | Porter's five forces | | _____ | defines how activities specified in the strategic plan will be implemented. |
8 | SWOT analysis | | _____ | a portfolio analysis framework that enables managers to plot the relative position of each business unit, brand, or product on the basis of industry growth rate and relative market share |
9 | strategic business units (SBUs) | | _____ | five competitive forces that influence planning strategies |
10 | Boston Consulting Group (BCG) matrix | | _____ | where managers develop specific programs to meet goals in their area of responsibility. |