All else equal, when oil prices increase, some uneconomical sources of oil tend to become more economical, and this will proven reserves of oil and the number of years it will take to deplete the stock of oil. Group of answer choices decrease; increase increase; decrease decrease; decrease increase; increase

This activity is important because as a marketing manager, you must allocate resources to reach your target market. during the strategic marketing process, managers move through three important phases to determine how to optimally allocate resources: a planning phase, an implementation phase, and an evaluation phase. in this interactive exercise, you are asked to review various strategic marketing actions and determine where in the strategic marketing process the action would occur. the goal of this exercise is to demonstrate your understanding of the strategic marketing process and related marketing actions.