Address the following questions in your response:What is the final element (final phase) of a marketing plan?What is an independent, comprehensive, systematic, and periodic review of a companys marketing environment, strategies, and objectives to improve performance?What are the primary trade channels for bringing products to customers?How is decreasing the number of levels of management in an organization to get closer to the customer described?How is using analytical methods, such as data mining, to develop deeper insights into customer behavior described?What are the four stages of the profitability control process?What reveals the companys earnings in products, territories, or markets?What is the number 1 deadly sin of marketing for companies?What addresses the what and why of marketing activities?What software allows marketers to make better spending and investment decisions, get newproducts to market quicker, and reduce decision time and costs?Who examines adherence to profit plans, assists brand managers inpreparing budgets, measures promotional efficiency, evaluates costs related to media production, and conducts profitability analyses?What is crucial to ensuring that marketing plans have their expected results annually?Who sets annual sales and profit goals?How frequently does the average U.S. corporation lose half of its customers?What is critical for marketing to have future success?Submitting your assignment in APA format means, at a minimum, you will need the following:Title page: Remember the running head. The title should be in all capitals.Length: 3 pages minimumAbstract: This is a summary of your paper, not an introduction. Begin writing in third person.Body: This begins on the page following the title page and abstract page and must be double-spaced (be careful not to triple- or quadruple-space between paragraphs). The typeface should be 12-pt. Times Roman or 12-pt. Courier in regular black type. Do not use color, bold type, or italics, except as required for APA-level headings and references. The deliverable length of the body of your paper for this assignment is 5 pages. In-body academic citations to support your decisions and analysis are required. A variety of academic sources is encouraged.Reference page: References that align with your in-body academic sources are listed on the final page of your paper. The references must be in APA format using appropriate spacing, hanging indent, italics, and uppercase and lowercase usage as appropriate for the type of resource used. Remember, the Reference page is not a bibliography but a further listing of the abbreviated in-body citations used in the paper. Every referenced item must have a corresponding in-body citation.