INTERNAL ENVIRONMENTAL ANALYSIS

Which of the following is a function of management?

• Marketing research

• Financial planning

• Staffing

• Inventory analysis

Which of the following activities is part of marketing functions?

• Operational cost analysis

• Customer analysis

• Financial planning

• Inventory analysis

Which functional area is responsible for setting goals and devising strategies?

• Finance

• Marketing

• Management

• Operations

What is an example of a marketing function activity?

• Analyzing the cost of raw materials

• Developing a new product based on customer feedback

• Evaluating worker productivity

• Monitoring the performance of manufacturing equipment

Which activity is associated with the marketing function of 'distribution'?

• Ensuring product availability

• Conducting customer surveys

• Setting product prices

• Analyzing operational costs

Management functions include planning, organizing, motivating, staffing, and controlling.

• True

• False

Marketing research is a function of the operations/production area.

• True

• False

Organizing tasks and delegating authority are part of the management function.

• TRUE

• FALSE

Setting competitive prices is a marketing function activity.

• TRUE

• FALSE

Motivating employees through incentives is a finance function.

• TRUE

• FALSE