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2.1

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Question
Answer
The acronym for strengths, weaknesses, opportunities, and threats   SWOT Analysis  
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Outside influences that may have an impact on an organization   Environmental Scan  
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Brief overview of the entire marketing plan   Executive Summary  
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Formal written document that directs a company's activities for a specific period of time   Marketing Plan  
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Internal and external factors that affect marketing strategies   Situation Analysis  
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Identifies target markets   Marketing Strategy  
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Projection of probable future sales in dollars   Sales Forecasts  
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An expectation for performance that reflects the plan's objectives   Performance Standard  
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The current state of the economy; part of the environmental scan   Economic  
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Centered around government involvement in business; part of the environmental scan   Political  
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Based on customers and potential customers, changes in their attitudes, lifestyles, and opinions; part of environmental scan   Socio-Cultural  
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Computer's; PEST   Technological  
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Created by: vhaun
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