Business Ideas Annual plans control In business organization

Mastergp

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The purpose of operational plan control is to maintain a constant watch over all organization's marketing functions as they are being performed. Waiting for the end of planning period could be a very big mistake, hence frequent checking of performance as against standard is an concurrent control tool.

Organization often regulate their activities through:
Sales analysis, distribution analysis, market shares analysis, advertising analysis, sales promotion and sales force analysis.

Sales analysis :
this involve measuring and evaluating actual sales in comparison to set sales goals. With aid of a sales variance analysis, management can detect or measure the relative contribution of different factors to any variation in sex performance.

Distribution analysis:
Certain tools are often used by businesses to improve efficiency in logistics (that is, transportation, invention, control, warehousing and ams communication. when demand for a company product , its might find it difficult to deliver it good efficiently coupled with services.

Market share analysis:
With the advent of competition, most firms find it difficult to determine their performance as compared to rivals in the industry. Sales figures alone may not reveal satisfactory result.
 
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