The analysis of a potential market,the environment,and the competition is known as

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Situational analysis involves analyzing the market, environment, and competition to identify potential opportunities and threats. The marketing mix refers to the product, price, promotion, and place strategy used to reach the target market. Needs assessment involves understanding the needs and wants of the target market. The target market is the specific group of consumers that a company intends to reach with its marketing efforts.

The Analysis of a Potential Market,the Environment,and the Competition Is