Question: What is the main difference between naming broad product - markets and market segmentation? Multiple Choice Naming is a computerized process, while segmentation requires more

What is the main difference between naming broad product-markets and market segmentation?
Multiple Choice
Naming is a computerized process, while segmentation requires more thought
Naming involves breaking down markets, while segmentation involves aggregating customers with similar needs.
Naming is concerned with customers, while segmentation is concerned with product features.
Naming identifies popular terms associated with the product, while segmentation identifies a market
Naming involves looking for similarities, while segmentation involves looking for differences.
 What is the main difference between naming broad product-markets and market

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!