Question: Segmentation is dividing the population into groups based on their specific characteristics True False

Segmentation is dividing the population into groups based on their specific characteristics True False

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Market segmentation is dividing potential customers into groups of similar people, or segments. True False

Q:

1 About 70% of Coca Cola revenues and profits come from sales outside the US.Thereforeas the US currency loses value relative to the other main international currencies like the Japanese yen, euro,...

Q:

QUESTION 1 About 70% of Coca Cola revenues and profits come from sales outside the US.Thereforeas the US currency loses value relative to the other main international currencies like the Japanese...

Q:

Hi I need help on what is the answers in my activity. I hope that you can help me I. MULTIPLE CHOICE: Select the letter of the correct answer, write on the line before each number. 1. It is the...

Q:

Marketing: An Introduction, 13e (Armstrong) Chapter 6-1 Market Segmentation 1) ________ is the process of dividing a market into distinct groups of buyers who have different needs, characteristics,...

Q:

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

Q:

Hi there , I need help. for my work i need a relevant and well written introduction as well as conclusion to the following below. My work is complete i just need a introduction and conclusion please...

Q:

Job descriptions: In determining who will be responsible for what duties, you are to compile a Job description for the Assistant Front Office Manager, The Front Desk Agent, The Reservations Agent and...

Q:

Every year Patagonia spends 2% of its profits on advertising. Select one: True False The four elements of the marketing mix are product, production, price, and profit. Select one: True False 3 The...

Q:

1. The most formal definition of marketing is ________.* C. the four Ps (product, price, place, promotion) A. meeting needs profitably B. identifying and meeting human and social needs E. an...

Q:

Mark Hockenberry owns and manages a computer repair service, which had the following trial balance on December 31, 2013 (the end of its fiscal year). Summarized transactions for January 2014 were as...

Q:

Does the extent of labor unionism explain the difference between European and U.S. unemployment rates?

Q:

Question 1 [ 4 3 ] As part of the preliminary design of an industrial drive shaft, a team of mechanical engineers is assessing whether the shaft's critical speed is safely above the design operating...

Q:

Strategic decision refer to A transactions details. B the allocation and utilization of resources. C day-to-day activities. D broader-scope, organizational issues. E an understood and accepted method...