Rowena has a $150,000 homeowner's insurance policy with a $1,000 deductible on her house. her premium payment is $100 per month. if she makes a $5,000 claim on the policy in a given year, how much will she pay out of pocket in premiums and deductible that year?

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.