Which Step Comes First in Developing a Marketing Strategy

question 17

Multiple Choice

Which step comes first in developing a marketing strategy?

• A)analyzing firm performance
• B)identifying and evaluating market opportunities
• C)selecting target markets
• D)planning and implementing a marketing mix

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Definitions:

Boilerplate Text

Standardized and often repetitive text used in documents or electronic forms where the main content remains unchanged.

Boilerplate Text

Standardized sections of text used in documents or electronic forms that are unchanged across similar documents.

Systematize

The process of organizing or arranging methods and processes in a systematic order to improve efficiency.

Localizing

The process of adapting content, products, or services to fit the cultural, linguistic, and other specific requirements of a particular geographic region or market.