Asked by Laura Derhamer on Jul 18, 2024

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When a firm decides to measure its marketing plan,the firm is necessarily also committing to which of the following?

A) purchasing an interactive CRM software program
B) implementing a marketing activity report card system
C) relating marketing activities to specific marketing objectives
D) shifting from a customer relationship model to a transactional model

Marketing Plan

A comprehensive document outlining a company's advertising and marketing efforts for a specific period of time.

CRM Software Program

Customer Relationship Management (CRM) software programs are tools used by businesses to manage interactions with current and potential customers by organizing and analyzing customer information.

Marketing Activity Report Card

An evaluation tool used to assess and review the effectiveness and performance of various marketing activities.

  • Understand the function of marketing measurement instruments in assessing marketing strategies.
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AA
Abdullah AhmedJul 19, 2024
Final Answer :
C
Explanation :
When a firm decides to measure its marketing plan, it is committing to relating marketing activities to specific marketing objectives. This means that the firm will need to have a clear understanding of what they want to achieve through their marketing efforts and how they will measure success. While implementing CRM software or a marketing activity report card system may be helpful tools for measuring marketing performance, they are not necessarily required commitments when deciding to measure the marketing plan. Shifting from a customer relationship model to a transactional model is also not necessarily a required commitment for measuring marketing performance.