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Marketing planning is very usefull for deciding where resources are best spend wheter it would be advertising or improving the product. or ways to improve the firms image.
Strategic planning is the fundamental input to marketing planning. So, the strategic plan must come first (typically it is a component of the marketing plan or the business plan). Once you have a strategic plan in place, then you can put together the details of your marketing tactics. Strategic planning is about matching the strengths of your business to available market opportunities. To do this effectively, you need to collect, screen, and analyze information about the business environment. You also need to have a clear understanding of your business - its strengths and weaknesses - and develop a clear mission, goals, and objectives. Acquiring this understanding can take work, but in many ways it is the process of strategic planning that you go through in creating your business plan that is the most valuable step of all. Joanna Lees Castro Easy-Marketing-Strategies.com
The most profitable areas for planning business would be in big cities. The more people there is the more likely you are to get business.
Marketing planning is a part of business planning, it includes lots of actions and tactics to move business successfully. You refer the following related source and links for more details.
You must first think of how and which business you are planning on then think about the enviroment then and about the people living arround then think about if the business is going to fast or not on sales and who are the buyers to the business
For planning to be effective in any business, certain basic assumptions regarding the future political, economic environment etc. should be made.These planning asssumptions regarding the environment are premises.
Business Event Planning is the organizing and implementation of business related events. For instance, planning a business conference by selecting the venue, organizing the catering and keeping track of attendees is considered Business Event Planning.
Global, economic, social, technological and compatative
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If you want to describe events for a business, there are key things that you should make known. You should list the events, as well as dates and times, and what will occur at the event.
Business management is the process of organising,planning,control and leading in the business environment. It need the management to have business skills of how to lead a business and qualified for a job. such as having a degree in management or Bcom,
Scenario planning is the process of constructing alternate futures of a business' external environment. The goal is to learn to use these alternative futures to test the resiliency of today's action plan.
Describe MHC's strategy in terms of market position. Also, identify the type of external environment MHC is operating in and the degree to which the strategy matches the environment.
Industrial marketing involves the planning, sale, and service of products used for commercial or business purposes.
Marketing planning is very usefull for deciding where resources are best spend wheter it would be advertising or improving the product. or ways to improve the firms image.
Why is planning regarded as a pervasive function of managers? Explain
Functions of Management are planning: planning premises; types of plan; planning process; organizing: span of control and organizational structure, line and staff functions and conflicts; centralization and decentralization; delegation; staffing: manpower planning, recruitment, selection and placemen; induction training; directing: principles of direction; coordinating, and controlling. Wheras Business functions are Purchase,Production,Marketing,Finanace,HR,Operations. REJI ISMAIL reji.ismail786@gmail.com