Please answer the 5 uploaded questions about Marketing thoroughly Research Paper

Please answer the 5 uploaded questions about Marketing thoroughly - Research Paper Example If the three parties are involved in the project then it is called for generalized exchanges. The complex exchange involves between networks of people. The manufacturer, TV station, Radio station are involved in the complex exchanges. Strategic plans are in many different shape and sizes. There are some below mentioned components which describes elaborately. Strategic plan is the game plan of the organization as well as management. The strategic plan is the key factors for new business policy. A strategic plan includes following components. The business cycle analyzes the growth and decline situation in the economy. This cycle indicates the growth and decline and saturation period. This cycle is needed to identify the growth and slowdown period. Contraction: At the slowing down situation in the market, this situation arises, basically in the bear market. At the bear market situation customer are not ready to invest money to the business as they are risk averse. This is the demand and supply situation of the market. As demand increases the employment will increase and job rate is also increased. Demand of the consumer product will increase as the market demand increases. Social responsibility means developing business with positive responsibility. It is also measure the overall performance of the organization. Every organization has some social responsibility. They facilitate the backward community people for further study and do some charitable work for the societal development. Some of the company’s main factor is to invest money to the other organization as social responsibility (Pride and Ferrell, 2012). The social and business organizations are both benefited by the social responsibility. The organization has moral responsibility to serve society for welfare contribution. There some key factors are to be identifying the performance of the social work involvement of the organization. The people getting job, pay