Real per capita gdp in china in 1959 was about $350, but it doubled to about $700 by 1978, when deng xiao ping started market reforms. chinese per capita real gdp doubled again in only seven years, reaching $1,400 by 1986. what was the average annual economic growth rate between 1979 and 1986?

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.