Question: Select the statement below that accurately describes market segmentation. Market segmentation is used to differentiate between profit - oriented and nonprofit organizations. Market segmentation is

Select the statement below that accurately describes market segmentation.
Market segmentation is used to differentiate between profit-oriented and nonprofit organizations.
Market segmentation is the division of the total market for a product into smaller, relatively homogeneous groups.
Market segmentation is used only to differentiate between local and global consumers.
Market segmentation allows the federal government to monitor business practices nationwide to make sure they comply with federal regulations.
Select the statement below that accurately describes market segmentation. Market segmentation

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