Marketing mix-related decisions are typically made in situation analysis.

Name: Marketing mix-related decisions are typically made in situation analysis.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Marketing mix-related decisions are typically made after the situation analysis, during the strategy formulation phase. Situation analysis helps in understanding the market context, but decisions on the marketing mix (product, price, place, promotion) are made based on this understanding to effectively reach the target audience.

Marketing Mix-Related Decisions Are Typically Made in Situation Analysis