10-11 Flashcards

(48 cards)

1
Q

is a company’s plan to sell or advertise a product or service.

A

marketing strategy

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2
Q

It’s a long-term plan that guides a company’s marketing efforts, resources, and tactics.

A

Marketing strategy

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3
Q

an overview of how a business or organization will articulate its value proposition to its customers.

A

Marketing strategy

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4
Q

outlines business goals, target market, buyer personas, competitors, and value for customers.

A

Marketing strategy

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5
Q

explains the organization’s current purpose and how it will achieve its goals, it describes the organization’s current purpose, including its business, objectives, and how it will achieve them.

A

Mission statement

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6
Q

often mutable and can change as the organization’s circumstances change.

A

Mission statements

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7
Q

defines the organization’s business, its objectives, and how it will reach these objectives

A

mIssion statement

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8
Q

describes the organization’s future goals, it describes the organization’s future goals and aspirations.

A

Vision statement

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9
Q

often more future-oriented

A

Vision statement

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10
Q

details where the organization aspires to go.

A

Vision statement

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11
Q

Each of your marketing objectives should include a description of what you intend to accomplish, including concrete, numerical goals with an associated marketing timeline.

A

Marketing objectives

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12
Q

are important for the success of a business because they provide purpose and meaning.

A

Mission and vision statements

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13
Q

They can be used to guide strategy development, communicate the organization’s purpose to stakeholders, and set goals.

A

Mission and vision statement

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14
Q

To set these goals, review your past sales numbers, your recent business growth in different markets, the size of typical new customers, and how new product introductions have fared. Then use those numbers as a guide for the future. (T or F)

A

TRUEE

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15
Q

In marketing objectives you must not restrict the number of marketing objectives you set per year.

A

FALSE LALU BAT KASI HINDI PIPIGILAN
Correct: restrict
Wrong: must not restrict

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16
Q

In marketing objectives you keep them challenging but achievable. (True o False)

A

True

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17
Q

In marketing objective you set modest goals to start so you avoid discouraging your people or yourself. (T OR F)

A

TRUE

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18
Q

You want to set an unrealistically high bar.

A

FALSE; DONT WANT

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19
Q

are specific, measurable, achievable, relevant, and time-bound goals that help you achieve your marketing goals.

A

SMART marketing objectives

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20
Q

Make your goal clear and easy to understand. For example, you can set a goal to sell 100 products, get 200 new subscribers, or generate 20 qualified leads.

21
Q

Identify metrics that you can use to track your progress. For example, you can track the number of website visitors that come from your marketing campaigns.

22
Q

Make sure your goal is realistic and achievable within your company’s constraints. Setting an unattainable goal can lead to wasted time and poor morale.

23
Q

Set a deadline for your goal. This will help you stay on track and ensure your team feels a sense of urgency.

24
Q

Consider how your objective will help you achieve a larger goal.

25
is a target or something we want to achieve through the finance department.
FINANCIAL OBJECTIVES
26
guide the finance department and its team in making decisions and focusing on relevant activities to achieve objectives.
FINANCIAL OBJECTIVES
27
can relate to revenues, costs, and profits. In a broader scope, they may also relate to return on investment, capital structure, and financial soundness (associated with financial leverage).
FINANCIAL OBJECTIVES
28
12 TYPES OF FINANCIAL OBJECTIVES (IIRRIICMMIIR)
Increasing margins Increasing revenue Reducing COGS Reducing overhead Improving liquidity Increasing net revenue Calculating EBITA Maximizing ROI Maximizing ROCE Improving cash flow Increasing net profits Reducing debt-to-equity ratio
29
are the gaps between financial measurements, like revenue and costs or profits and revenue.
Margins
30
A revenue increase doesn't always mean an increase in profits, as revenue covers expenses before the company can calculate its profits. ( T OR F)
TRUE
31
COGS
COST OF GOOD SOLD
32
are any operational costs that are crucial to the business.
OVERHEAD COST
33
amount of cash or "liquid" assets a company has at any time.
LIQUIDITY
34
are any assets, like machinery or stocks, that the company can sell quickly to gain a large amount of cash.
LIQUID ASSETS
35
_________ can help provide a safety net for the business in case of sudden expenses,
Improving liquidity
36
Interest payments, taxes and amortization are also part of a company's net revenue ( T OR F)
TRUE
37
Companies often seek to improve their EBITA, or earnings before interest, taxes and amortization. ANO NGA BA NG EBITA?
It's a common objective for startups or small businesses that aren't turning a profit yet. It measures how much the company earns before it calculates the true cost of running the business.
38
ROI
RETURN ON INVESTMENT
39
is a measurement of the ratio of company profitability and capital efficiency.
Return on capital employed (ROCE)
40
is a measurement of the ratio of company profitability and capital efficiency.
Return on capital employed (ROCE)
41
measures the amount of money that "flows" through a company.
CASH FLOW
42
A company typically measures three kinds of cash flow:
-OPERATIONAL CASH FLOW -CFI -CFF
43
Cash used for business operation
Operational cash flow
44
CFI AND CFF STANDS FOR?
CFF= CASH FLOW FROM FINANCING CFI= CASH FLOW FROM INVESTING
45
measurement of the company's cash after it pays all of its debts, operational costs and other expenses.
NET PROFIT
46
typically depend on the cost of the goods the company sells, the customer sentiment, supply and demand and the materials and processes the company uses.
NET PROFIT
47
a measurement of the ratio between all of the company's debts and its equity.
DEBT-TO-EQUITY RATIO
48
refers to the total amount of money a company could return to its investors if it liquidated all of its assets.
Equity