In mid-2010, Hewlett-Packard Company (HP) acquired Palm Computing, Inc., a manufacturer of personal devices and smart phones. Before deciding to acquire the company, strategic planners at HP spent time thinking about how Palm and HP would fit together, and how the acquisition might change HP's core goals and objectives. The strategic planners were engaged in the ____________ step of the marketing planning process.
A.
situation analysis
B.
implement marketing mix and allocate resources
C.
identify and evaluate opportunities
D.
evaluate performance
E.
define the business mission
Answer: E