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Setting Goals or Goals. Objectives or targets are specifically formulated and identify the level of performance that the organization is expected to reach at any given time in the future by considering the reality of the problem and the environmental opportunities as well as the strengths and weaknesses the company has.

Marketing plans include overall marketing strategies, pricing, sales tactics, services and warranty policies, advertising and promotion, distribution, product desires, market research or market research. The steps to conduct market research are: identifying problems, collecting data, analyzing and interpreting data, drawing conclusions and taking action.

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