Marketing (Beograd. 1991) (Jan 2013)

Improvement an enterprises marketing performance measurement system

  • Stanković Ljiljana,
  • Đukić Suzana,
  • Popović Ana

DOI
https://doi.org/10.5937/markt1304321S
Journal volume & issue
Vol. 44, no. 4
pp. 321 – 332

Abstract

Read online

Business conditions in which modern enterprises do business are more and more complex. The complexity of the business environment is caused by activities of external and internal factors, which imposes the need for the turn in management focus. One of key turns is related to the need of adaptation and development of new business performance evaluation systems. The evaluation of marketing contribution to business performance is very important however a complex task as well. The marketing theory and practice indicates the need for developing adequate standards and systems for evaluating the efficiency of marketing decisions. The better understanding of marketing standards and ways that managers use is a very important factor that affects the efficiency of strategic decision-making. The paper presents the results of researching the way in which managers perceive and apply marketing performance measures. The data that were received through the field research sample enabled the consideration of the managers' attitudes on practical ways of implementing marketing performance measurement and identifying measures that managers imply as used mostly in business practice.

Keywords