1. stated business ideas
  2. potential
  3. target markets
  4. competition
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1 Answers

Answer: Option 3

The strategic marketing process is how an organization allocates its marketing mix resources to reach its target markets. Strategic Marketing is a process of planning, developing and implementing maneuvers to obtain a competitive edge in your chosen niche. This process is necessary to outline and simplify a direct map of the company's objectives and how to achieve them.

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