Question: Question 1 2 How does strategic market analysis drive the formulation of a marketing plan? By developing fixed strategies that remain unchanged despite market shifts.

Question 12
How does strategic market analysis drive the formulation of a marketing plan?
By developing fixed strategies that remain unchanged despite market shifts.
By uncovering insights about customer needs, competitor strategies, and potential market gaps that inform tactical marketing decisions.
By focusing only on internal capabilities and minimizing the importance of external factors.
By emphasizing immediate sales over long-term brand development.
Question 12 How does strategic market analysis drive the formulation of

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