Chapter Two
1. Explain the concept of marketing strategy planning.
2. Differentiate between target marketing and mass marketing.
3. Explain the concept of a marketing mix and discuss each of the following marketing mix variables:
A. Product B. Place C. Promotion D. Price
4. Discuss each of the following types of opportunities a marketer might pursue:
A. Market penetration B. Market development C. Product development
D. Diversification
5. Explain each of the following terms as they relate to marketing strategy planning:
A. Best Practices B. Competitive Advantages
6. Describe some of the international opportunities a marketer may pursue.