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A. Product differentiation Economics Mcqs Economics Mcqs for test Preparation from Basic to Advance. here you will find the the Baisc to Advance and most Important Economics Mcqs for your test preparation. Economics Mcqs for Lecturer & Subject Specialist Exams. [junkie-toggle title="Economics Mcqs" state="closed"]
IF YOU THINK THAT ABOVE POSTED MCQ IS WRONG. PLEASE COMMENT BELOW WITH CORRECT ANSWER AND ITS DETAIL EXPLANATION. What is the process of dividing a market into distinct groups of buyers?Market segmentation is a marketing term that refers to aggregating prospective buyers into groups or segments with common needs and who respond similarly to a marketing action.
Is dividing the market into distinct groups who might require separate products and/or marketing mixes?Market segmentation: dividing a market into distinct groups of buyers who might require seperate products and/or marketing mixes. The company identifies different ways to segment the market and develops profiles of the resulting market segments.
Is the process of dividing a market into distinct groups of buyers who have different needs characteristics or behavior group of answer choices?In marketing, market segmentation is the process of dividing a broad consumer or business market, normally consisting of existing and potential customers, into sub-groups of consumers (known as segments) based on some type of shared characteristics.
Is the process of dividing a market into smaller groups of buyers with distinct needs characteristics or behaviors who might require separate products or marketing mixes *?Market segmentation is the process of identifying distinct groups and sub group of customers in the market, who have distinct needs, characteristics, preferences and/or behavior, and require separate product and service offerings and corresponding marketing mix.
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