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the monitoring and evaluation of new strategy has a great significant in relation to the promotion of sale

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Q: Importance of monitoring and evaluation of new strategy?
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What is the importance of Monitoring a new strategy?

Monitoring a new strategy in it's launch all the way through it's completion phase is vital to compare the new strategy against past strategies. Monitoring this will better show and demonstrate the effectiveness or non-effectiveness of the new strategy. Any new strategy should always be monitored.


What area manager make strategy for introducing new product in pharma industry in his territory?

strategy for introducing new product in the territory


What are the steps in a new product planning?

There are seven stages in NP planning process; 1. Customer need analysis 2. Idea generation 3. Screening and evaluation 4. Business analysis 5. Product/ Marketing strategy development 6. Testing 7. Commercialisation


What is an example of promotional strategy?

A promotional strategy can be anything from making a rewards system, to street fairs, to new designs on the product you're selling. Anything new, improved, or added to your company to help the sales thrive.


What are the 8 principle tasks of strategy implementation?

There are actually six basic tasks of strategy implementation. These tasks are, in order: 1. Build an organization capable of successfully carrying out your strategy. 2. Establish a budget to support the roll-out and implementation of your strategy. 3. Create and install internal systems to administer the roll-out and implementation of your strategy. 4. Devise objective-linked incentives and rewards for those adopting your strategy. 5. Shape your corporate culture to be receptive to your new strategy. 6. Lead others into accepting your strategy by walking the walk.

Related questions

What is the importance of Monitoring a new strategy?

Monitoring a new strategy in it's launch all the way through it's completion phase is vital to compare the new strategy against past strategies. Monitoring this will better show and demonstrate the effectiveness or non-effectiveness of the new strategy. Any new strategy should always be monitored.


What are the importance of curriculum evaluation?

The main purpose of curriculum evaluation is to assure that it is not static, but constantly changing according to changing needs and demands of the society. The new curriculum should fulfill the needs of changing society.


Identify and explain the importance of monitoring procsses to improve quality that do not rely on new technology or technological advancementGive three examples from an organization of which you are?

Identify_and_explain_the_importance_of_monitoring_procsses_to_improve_quality_that_do_not_rely_on_new_technology_or_technological_advancementGive_three_examples_from_an_organisation_of_which_you_aretony is the best


What is the role of the shipping department?

Planning, monitoring & controlling is the key role of shipping dept. Broadly that to reduce freight cost, reduce lead-time, reduce documentation discrepancies, ensure the on time shipment, on time documentation, booking follow up, monitoring from point of origin to point of destination, develop new strategy & implement to ensure smooth operation etc.


What area manager make strategy for introducing new product in pharma industry in his territory?

strategy for introducing new product in the territory


What is gerritsen home monitoring?

There is a Gerritsen which is located in New York. They provide monitoring for their security and alarm systems which can be installed in residential and commercial locations.


What happens if a school evaluation is written up on a new york city school teacher and the name on the evaluation is wrong?

Sue them. For descrimination.


What new concept was incorporated into the strategy?

Sustainability.


What is a marketing strategy that creates new products for present markets?

market strategy development and trhe whole pocess of new product is known as new product develpment process


Would website monitoring alert you to new visotors and emails on your website?

Website monitoring, is basically a total that helps the website's manager(s) ensure that the site is working properly, and yes, it is possible that website monitoring can alert the website manager of new visitors and or emails directed at his/her site.


What is evaluation research?

Evaluating the impact of something, for example a new policy, event or new system.


What are the steps in a new product planning?

There are seven stages in NP planning process; 1. Customer need analysis 2. Idea generation 3. Screening and evaluation 4. Business analysis 5. Product/ Marketing strategy development 6. Testing 7. Commercialisation