• Wrong document? Swap it for free
  • Written by students who passed
  • Immediately available after payment
  • Read online or as PDF
Sell
Where do you study
Your language
Document preview thumbnail
Preview 1 out of 4 pages
Exam (elaborations)

MBA 706 Module 6 Questions and Answers

Document preview thumbnail
Preview 1 out of 4 pages

Exam of 4 pages for the course MBA 706 at MBA 706 (MBA 706 Module 6)

Content preview

MBA 706 Module 6

Internal Marketing - answer Chronologically, strategy development precedes
implementation. Conceptually, both should occur simultaneously. That is, strategy,
when it is conceived should be thought through to the point of
implementation. Otherwise, strategic plans and goals might be impractical or at least
inefficient, requiring far more resources than might have been the case if some thought
had been given to implementation issues when the strategy was devised

1. Detailed action plans - answerOne effective way of getting key people to own the
strategy is to develop a detailed plan for implementing the strategy. Such a plan sets
responsibilities for specific actions for individuals, and includes a measure and time
frame of the action. For example, a strategy to add a direct sales program to a channel
that previously used only retailers would specify a number of actions and
responsibilities. One action might be for the company to secure a list of 6,000 current
customers' names and addresses from the in-home database within the next three
days. By specifying what actions specific individuals will be accountable for,
management can ensure that plan ownership has been achieved. Those activities
required for the plan's successful implementation will be assigned and will not go
wanting because no one took responsibility for them.

2. Champion and ownership team - answerChampions are individuals who see their
overall responsibility as the successful implementation of the marketing strategy and
marketing plan. Better yet is a team of people with different expertise who can make
sure the assigned responsibilities are fulfilled within their spheres.

3. Compensation - answerAnother proven means of getting ownership of a plan is to tie
people's compensation to the performance of those actions involved in the plan's
implementation. These performance measures can be results oriented for both internal
revenue/profit measures and external market numbers such as product trial rate, market
share, brand awareness, percent of stores stocking the brand, low out-of-stock
occasions, etc

4. Management Involvement - answerTop managers must sustain a commitment to the
plan and review its implementation progress periodically. Other people involved in the
plan's implementation will look to management for cues on the interest and importance
placed in its implementation.

Corporate Culture - answerOrganizational or corporate culture is the pattern of role-
related beliefs, values, and expectations that are shared by the members of an
organization. It is a social control system with norms as behavioral guides.10,11
Rules and norms for behavior within an organization are derived from these beliefs,
values, and expectations. Norms of behavior can actually exert more control over

Document information

Uploaded on
February 15, 2026
Number of pages
4
Written in
2025/2026
Type
Exam (elaborations)
Contains
Questions & answers
$16.49

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
julianah420
4.2
(158)
Sold
716
Followers
328
Items
35999
Last sold
3 days ago




Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions