What skills and competencies will marketers need to succeed in the future?

What will be an ideal response?

Marketing must become more holistic and less departmental. Marketers must achieve wider influence in the company, continuously create new ideas, and strive for customer insight by treating customers differently but appropriately. They must build their brands more through performance than promotion. They must go electronic and win through building superior information and communication systems. To accomplish these changes and become truly holistic, marketers need a new set of skills and competencies in:
• Customer relationship management (CRM)
• Partner relationship management (PRM)
• Database marketing and data mining
• Contact center management and telemarketing
• Digital marketing and social media
• Public relations marketing (including event and sponsorship marketing)
• Brand-building and brand-asset management
• Experiential marketing
• Integrated marketing communications
• Profitability analysis by segment, customer, and channel

Business

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Outstanding leaders combine good ______________ and effective _______________ to formulate and implement strategies that produce results and sustainable competitive advantage.

A) interpersonal processes & vision creation B) encouragement of the heart & communication processes C) personal development & business strategies D) strategic substance & interpersonal processes

Business

The purpose of RESPA is intended to give consumers _________________________ of the costs to be paid in mortgage settlement transactions, and to prohibit certain practices such as kickbacks and referral fees.

A. timely disclosure B. loan estimates C. Ginne Mae D. Freddie Mac

Business