Multiple Choice
The process of dividing a total market into market groups containing people with relatively similar product needs is called:
A) segmentation.
B) diversification.
C) target marketing.
D) concentration.
E) customisation.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q50: What method should Lil' Angels use to
Q52: Market potential is the amount of a
Q53: A disadvantage of the concentrated targeting strategy
Q54: Which of the following is the biggest
Q56: When selecting specific target markets, a firm
Q57: Compare and contrast the undifferentiated, concentrated and
Q58: What are the four criteria that constitute
Q59: What are the major steps of the
Q59: The division of a market based on
Q60: A market in which a large proportion