Multiple Choice
Which of the following statements regarding market segmentation is most accurate?
A) Even if a firm finds only one potential market segment, it should take advantage of the opportunity, no matter what.
B) Market segmentation only works for large corporations because small businesses don't have the resources to engage in the process or implement the resulting marketing actions.
C) Governments should not attempt market segmentation because there is no need for them to do so.
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 25 percent of the time. However, for the instances that it does work, the benefits more than compensate for previous failures.
Correct Answer:

Verified
Correct Answer:
Verified
Q16: There are five key steps in segmenting
Q74: fourth step in segmenting and targeting markets
Q75: can go to your nearest Hallmark card
Q77: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2495/.jpg" alt=" Figure 9-6 -an
Q78: Campbell's found that its canned nacho cheese
Q80: market-product grid refers to<br>A) a visual representation
Q81: Which of the following is an example
Q82: 80/20 rule is most closely related to
Q93: Explain the difference between mass customization and
Q180: According to Figure 9-5 above,people who ate