Solved

Which of the Following Statements Regarding When and How to Segment

Question 71

Multiple Choice

Which of the following statements regarding when and how to segment markets is most accurate?


A) Even if a firm finds uniform needs across all users, it should take advantage of the method to avoid falling behind its competitors.
B) Market segmentation is only feasible for large corporations; small businesses don't have the resources to engage in the process.
C) Governments should not attempt market segmentation because the strategy is only applicable for consumer and organizational markets.
D) 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.
E) Market segmentation strategies work less than 10 percent of the time.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions