Marketing Strategy Typically Involves Three Steps

question 23

Essay

Marketing strategy typically involves three steps.List and briefly describe each of these steps.

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Definitions:

Theoretical Model

A framework or system of ideas that explains certain phenomena and guides research and practice in a particular field.

Skill

The ability to do something well; expertise or competence in a specific area.

Discipline

A field of study or branch of knowledge, or the practice of training to improve strength or self-control.

Syncretism

The attempt to amalgamate or combine differing beliefs, practices, or schools of thought, often observed in religion, culture, or philosophy.