Select all of the following which are the goals and objectives of a marketing strategy. Establishment of a fair price Creation of identical products Continuous review and improvement of the plan Establishment of a target market

## Step 1<br />The first step in solving this problem is to understand what a marketing strategy is. A marketing strategy is a comprehensive plan that outlines the specific actions a company will take to promote its products or services. It includes the goals and objectives that the company aims to achieve.<br /><br />## Step 2<br />Next, we need to evaluate each of the given options in light of the definition of a marketing strategy.<br /><br />### "Establishment of a fair price"<br />This is a goal of a marketing strategy. Companies often aim to establish a fair price for their products or services to attract customers and maintain a competitive edge.<br /><br />### "Creation of identical products"<br />This is not a goal of a marketing strategy. In fact, companies often strive to differentiate their products from those of their competitors.<br /><br />### "Continuous review and improvement of the plan"<br />This is a goal of a marketing strategy. Companies need to continuously review and improve their marketing strategies to stay competitive and meet the changing needs of their customers.<br /><br />### "Establishment of a target market"<br />This is a goal of a marketing strategy. Companies need to identify their target market to effectively reach and serve their customers.