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:

Formulation

The process of creating or devising a strategy or plan.

Sequential Steps

A series of actions or operations that follow a specific, logical order to achieve a desired outcome.

Procedures

The steps required to get a job done.

Principles

Fundamental truths or propositions that serve as the foundation for a system of belief or behavior.