Lionel is asked to conduct an STP analysis for his firm. The first step he should perform in this analysis is to

Lionel is asked to conduct an STP analysis for his firm. The first step he should perform in this analysis is to



A.
develop a business mission statement.

B.
choose the best target markets.

C.
reposition existing segments.

D.
divide the marketplace into subgroups.

E.
conduct a SWOT analysis.


Answer: D


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