Question: In marketing, value can be defined as: a. Value is dividing a market into smaller segments of buyers with distinct needs, characteristics, or behaviors that

In marketing, value can be defined as:

a. Value is dividing a market into smaller segments of buyers with distinct needs, characteristics, or behaviors that might require separate marketing strategies or mixes.

b. Value refers to company growth by increasing sales of current products to current market segments without changing the product.

c. Value is a customer's perception of price (to own and use) and performance (quality) of a product/service.

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