Ask Question
BusinessBusiness
4 August, 09:47

When conducting a SWOT analysis, in what phase of the strategic marketing process is an organization presently engaged?

+3
Answers (1)
  1. 4 August, 10:42
    0
    Planning Phase

    Explanation:

    Strategic marketing process deals with planning to develop and to implement operations so as to attain a competitive edge in the market over competitors.

    The aspect of strategic management process that deals with conducting SWOT analysis is the planning phase it is the first phase and a very important phase in strategic marketing. It is the phase that assess the strength of the organisation, its weakness, its opportunity as well as the threat that it might face when trying to achieve its goals. This process requires an organisation to conduct a SWOT analysis, set marketing goals, determine how to manage the four p's among other things.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “When conducting a SWOT analysis, in what phase of the strategic marketing process is an organization presently engaged? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Identify criteria you can use when choosing an investment. Which of the criteria is most important to you? Why?
Answers (1)
Do you think the efforts of Brazil's government to keep the economy growing will e successful
Answers (1)
Mary purchased a 10-year par value bond with semiannual coupons at a nominal annual rate of 4% convertible semiannually at a price of 1021.50. The bond can be called at par value 1100 on any coupon date starting at the end of year 5.
Answers (1)
Stenikson has three strategic business units (SBUs) - video games, fashion, and electronics. The company is planning to invest more money into its video games unit because it is a fast-growing market, even though the company has a very small share
Answers (1)
Regarding the statute of limitations on additional assessments of tax by the IRS, select the applicable date in each of the following situations. Note: Assume a calendar year individual with no fraud or substantial omissions involved. a.
Answers (1)
New Questions in Business
The production manager for Beer etc. produces 2 kinds of beer: light (L) and dark (D). Two resources used to produce beer are malt and wheat. He can obtain at most 4800 oz of malt per week and at most 3200 oz of wheat per week respectively.
Answers (1)
Sara shouppe has invested $100,000 in an account at her local bank. the bank will pay her a constant amount each year for 6 years, starting one year from today, and the account's balance will be 0 at the end of the sixth year.
Answers (1)
Jeremy Abdul is a marketing manager at one of the largest advertising firms in the northwest. If Jeremy undertakes decisions on brand awareness, promotional campaigns, and guerrilla marketing, what level of decision making would he be involved with?
Answers (1)
Stone Corporation is a manufacturing company that makes small electric motors it sells for $45 per unit. The variable costs of production are $25 per motor, and annual fixed costs of production are $800,000.
Answers (1)
The board of commissioners of the City of Hartmoore adopted a General Fund budget for the year ending June 30, 2017, that included revenues of $1,342,500, bond proceeds of $595,000, appropriations of $960,000, and operating transfers out of $532,500.
Answers (1)
Home » Business » When conducting a SWOT analysis, in what phase of the strategic marketing process is an organization presently engaged?
Sign Up Forgot Password?