Question: Which statement best defines a target market? a . It is a group of people or organizations for which an organization designs, implements, and maintains
Which statement best defines a target market?
a It is a group of people or organizations for which an organization designs, implements, and maintains a marketing mix intended to meet the needs of that group.
b It is a group of people or organizations that collaborate and cobrand their products to increase their market share, boost the sales records, and gain greater profits.
c It is a group of people or organizations that are least likely to change their purchasing patterns irrespective of any changes in the marketing mix for a product.
d It is a group of people or organizations for which there is no benefit from a new product or any changes made to an existing product in a particular market segment.
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