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- comment on essential nature of marketing planning and strategy formulation. illustrate your answer with appropriate industry product or service analogiesIdentify possible innovations or new strategic models that Mc Donalds company can apply in terms of but not limited to the following:·Product·Place·Price·Promotion·PeopleExplain how you can design a new Strategic planning for your company (Your company is a new company in E-commerce.
- “Marketing perspective lie at the heart of strategic decision making, whether at the corporate, business unit, or product market levels.’ Reflect on the statement giving suitable examples.What are the three steps of the planning phase of the strategic market-ing process?Explain the three steps of the planning phase of the strategic marketing process. deviations from plans
- Strategic planning emphasizes the importance of a marketing role that works effectively for their partners. Describe the statement and create a scenario in terms of success and failure in the company.What are the two main sources of competitive advantage that a company might want to pursue (according to Grant 2016)? Select one: a. Cost advantage and differentiation advantage b. Low cost and high cost C. Sales volume advantage and added value d. Broad market advantage and narrow market advantageIdentify and breifly explain the difference between the three business level strategies?