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Match Each Definition with the Correct Term Below

question 92

Multiple Choice

Match each definition with the correct term below.
-Corn


Definitions:

Tactical Marketing Process

A targeted approach focusing on actions and strategies to achieve short-term marketing goals.

Situational Analysis

An assessment of an organization's current situation, identifying strengths, weaknesses, opportunities, and threats to aid in strategic planning.

Diversification Analysis

The process of assessing the potential benefits and risks of adding new varieties of products, services, or market segments to a business's portfolio to reduce risks.

Product Development

is the complete process of bringing a new product or service to market, from idea generation and design to prototype testing and eventual launch.

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