Question: Which statement regarding when and how to segment markets is most accurate? A ) Market segmentation is only feasible for large corporations; small businesses don
Which statement regarding when and how to segment markets is most accurate?
A Market segmentation is only feasible for large corporations; small businesses dont
have the resources to engage in the process.
B Governments should not attempt market segmentation because the strategy is only
applicable for consumer and organizational markets.
C Market segmentation strategies work less than percent of the time.
D Even if a firm finds uniform needs across all users, it should take advantage of the
method to avoid falling behind its competitors.
E If a business firm goes to the trouble and expense of segmenting its markets, it
expects to increase its sales, profits, and return on investment.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
