An example of technological change is a. being able to produce the same output using fewer inputs. b. being able to produce more output using the same inputs. c. a decline in the quantity of output that can be produced from a given quantity of inputs. d. both a and b. e. all of the above.

This activity is important because as a marketing manager, you must allocate resources to reach your target market. during the strategic marketing process, managers move through three important phases to determine how to optimally allocate resources: a planning phase, an implementation phase, and an evaluation phase. in this interactive exercise, you are asked to review various strategic marketing actions and determine where in the strategic marketing process the action would occur. the goal of this exercise is to demonstrate your understanding of the strategic marketing process and related marketing actions.