Multiple Choice
Micromarketing involves:
A) a market segmentation approach in which firms focus precise marketing efforts on very small geographic markets.
B) developing a very small marketing mix that will effectively meet the needs of only a small segment of the market.
C) marketing efforts that are tightly controlled by high-level executives in the organisation.
D) segmenting the market to meet the needs of individuals with the same motives and personality attributes.
E) creating advertising that is so specific to a certain type of individual that few people outside that micromarket will respond to the message.
Correct Answer:

Verified
Correct Answer:
Verified
Q10: Age, rate of product use, location, and
Q23: Which of the following variables would most
Q49: A firm using a concentrated targeting strategy
Q98: When markets are comprised of people with
Q110: The practice of focusing a firm's marketing
Q112: A person with the ability, willingness and
Q114: Uniqlo has recently arrived in Australia.It closely
Q115: The two primary categories of markets -
Q117: Subaru is marketing a new crossover vehicle
Q164: How do business markets differ from consumer