Question: is dividing a market into distinet groups that ( 1 ) have common needs, and ( 2 ) will respond similarly to a marketing action.

is dividing a market into distinet groups that (1) have common needs, and (2) will respond similarly to a marketing action.
A) Market segmentation
B) Competitor indexing
C) Mass customization
D) Cross merchandising
E) Cross-branding
Which variable would be part of geographic segmentation?
A) income
B) neighborhood
C) sex
D) education
E) involvement
A company that divides its target markets based on their perceived level of loyalty is using
A) benefit segmentation.
B) geographic segmentation.
C) socioeconomic segmentation.
D) behavioristic segmentation.
E) outlet segmentation.
The 80-20 rule states that
A) around 80 percent of a company's sales comes from 20 percent of the customers.
B) only 80 percent of a market can be segmented.
C) market segmentation works well only 80 percent of the time, unlike market assimilation which works 20 percent of the time.
D) only about 80 percent of the people remember the company's positioning of a product
E) about 80 percent of corporations do not understand the actual meaning of the term
Some brands use celebrities who relate to their consumer group in ads to represent the brand.
A) attractor.
B) entity.
C) brand.
D) founder.
E) source.
 is dividing a market into distinet groups that (1) have common

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