Which of the Following Is the Correct Sequence of Events

question 23

Multiple Choice

Which of the following is the correct sequence of events to the process of selecting a target market and position strategy?

• A) Create a unique positioning strategy, Select a target market, Segment the market
• B) Segment the market, Create a unique positioning strategy, Select a target market
• C) Segment the market, Select a target market, Create a unique positioning strategy
• D) Select a target market, Create a unique positioning strategy, Segment the market
• E) Create a unique positioning strategy, Segment the market, Select a target market

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Definitions:

Efficient

Refers to an allocation of resources in which outputs are produced in the least costly way without wasting materials, energy, efforts, money, and time.

Market Prices

The current value at which an asset or service can be bought or sold in an open and competitive market.

Unexpected News

Information that comes without warning, often having a potential impact on market prices and investor decisions.

Efficient

Describes an economy, market, or decision-making process that effectively allocates resources and inputs in a way that maximizes output or returns with minimal waste.