Chapter 12 Issues in measuring performance and stakeholder value
Quiz
To achieve a desirable result, marketing decisions and the resultant programme of marketing activities must be part of:
- Monitoring output
- Financial control
- Control and contain measures within the company
- Control and evaluation measures within the company
To assess the influence of strategic direction, companies must judge its impact against:
- Performance indices
- Performance criteria
- Performance metrics
- Performance feedback
To achieve long-term strategic marketing objectives companies should not use short term:
- Financial speculation
- Financial forecasts
- Budgeting procedures
- Budgeting forecasts
For companies to evaluate their own performance against the competition specific measures are required in the form of:
- Market comparison
- Share index
- Colourful graphs
- Benchmarking
The balanced score card can be used by companies to measure:
- Market share
- Stake-holder value
- Market value
- Projected value
Changes in the market and competition may directly affect the:
- Stakeholder expectations
- Marketing strategy
- Company focus
- Share price
Different cultures have varying perspectives on:
- Piracy
- Marketing
- Purchasing
- Smuggling
The publication that assess whether the strategies of companies have been translated into responsible practice is called:
- The Corporate Social Responsibility Guide
- The Corporate Social Ethics Guide
- The Corporate Social Responsibility Index
- The Corporate Ethical Practice Guide
To an organisation the knowledge and skills that employees have are considered:
- Tangible assets
- Non-financial assets
- Expendable assets
- Intangible assets
Stakeholders expectations often involve:
- Good monetary returns
- Ethical consideration
- High company valuation
- A low cost labour force