First Sentence:
In 1776, when Adam Smith said that consumption is the sole end and purpose of production, he was in fact describing what in recent years has become known as the marketing concept.
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Key Phrases - Statistically Improbable Phrases (SIPs):
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marketing plan documentation, effective marketing planning system, marketing planning procedures, partial channel substitution, marketing planning systems, actionable propositions, sales record sheet, marketing planning manager, setting marketing objectives, customer service package, industrial goods companies, marketing planning process, absolute market share, operational marketing plan, directional policy matrix, sales force motivation, marketing audit, technological newness, market map, strategic marketing plan, overall marketing objectives, sales promotion plan, advertising objectives, key market segments, forecast position
Key Phrases - Capitalized Phrases (CAPs):
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Boston Matrix, Try Exercise, High Low, Boston Consulting Group, Car Mart, Cranfield University School of Management, First Direct, General Electric, Account Plan, Harvard Business Review, Standard Industrial Classification, International Bearings, Michael Porter, Sales Gross Gross, Suppliers Distributors Retailers Contractors Final, Chartered Institute of Marketing, Ian Dunbar, Innovators Early, Large Medium Small, Monitor Asset Determine, Automotive Scoring, Business Strengths Weaknesses Competitive, Canada Dry, Inter Tech, Japan Airlines
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