menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Essentials of Marketing
  4. Exam
    Exam 8: Segmenting and Targeting Markets
  5. Question
    What Is a Market Segment? Define Market Segmentation and Discuss
Solved

What Is a Market Segment? Define Market Segmentation and Discuss

Question 150

Question 150

Essay

What is a market segment? Define market segmentation and discuss why market segmentation is important to the well-being of most companies.

Correct Answer:

verifed

Verified

A market segment is a subgroup of people...

View Answer

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

Related Questions

Q145: Increasing share of customer means getting more

Q146: Stouffer's offers gourmet entrees for one segment

Q147: Marketers use demographic information to segment markets

Q148: While most marketing to Generation Y tries

Q149: Fisher-Price developed a rugged,waterproof camera for children.This

Q151: What is the family life cycle (FLC)?

Q152: The debate over gay marriages is causing

Q153: Candace Popwell makes and markets Festive Holiday

Q154: A Small World is a nonprofit retail

Q155: E&V Bridal Studios,a wedding consulting business,only works

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines