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Exam (elaborations)

MBA 706 Exam 1 Complete Study Guide 2025/ 2026 with Practice Questions and Verified Solutions

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Prepare for MBA 706 Exam 1 with this 2025/ 2026 comprehensive study guide, featuring practice questions, verified solutions, and detailed explanations. Perfect for mastering key business concepts, improving exam performance, and achieving academic success.

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MBA 706
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Institution
MBA 706
Course
MBA 706

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Uploaded on
November 27, 2025
Number of pages
53
Written in
2025/2026
Type
Exam (elaborations)
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MBA 706 Exam 1 Save




Terms in this set (122)

,1. Attainability: goals What are the characteristics of marketing goals?
should be realistic and
capable of being achieved
2. Consistency: goals must
be consistent with each
other and with the goals of
other functional areas
3. Comprehensiveness:
marketing goals should
relate to the organization's
goals and help to clarify
the roles of all parties in
the organization
4. Intangibility: marketing
goals should be somewhat
ambiguous and open-
ended to motivate
employees by promoting
comparisons with rival
firms

,1. Attainability: marketing What are the characteristics of marketing objectives?
objectives should be
realistic given the internal
and external environments
of the firm
2. Continuity: objectives
should be consistent with
those set in previous
periods (continuous
objectives), or should be
set to elevate the level of
performance significantly
(discontinuous objectives)
3. Time frame: objectives
should have an
appropriate time frame to
allow for accomplishment
with reasonable levels of
effort
4. Assignment of
responsibility: an objective

, (1) Comprehensive; (2) 4 qualities of a good marketing plan:
flexible; (3) consistent; and
(4) logical
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