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The final step of the statutory analysis process requires:
Marketing Decision
The choice made by a business regarding various aspects of marketing such as product development, pricing, promotions, and distribution channels to achieve specific objectives.
Decision Process
The cognitive process that involves making a selection among multiple alternatives, typically followed in problem-solving or choosing between options.
Environmental Scan
The process of systematically examining external and internal environments to identify opportunities, threats, trends, and strategic uncertainties.
Direct Forecast
A method of predicting future values such as sales or trends by directly analyzing specific variables or indicators.
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