Have you ever struggled to answer the question “which of the following statements is true of market segmentation?” in relation to the concept of in relation to the concept of Management? There’s no need to worry about it anymore. This post contains the correct answer to your question.
Which of the following statements is true of market segmentation?
Options:
a. It helps marketers define customer needs and wants more precisely.
b. It allows marketers to use one marketing mix across all market segments.
c. It allows marketers to broadly define marketing objectives that apply to the entire market.
d. It divides a market into submarkets of equal size and potential, which helps in the uniform allocation of resources.
The Correct Answer Is:
- a. It helps marketers define customer needs and wants more precisely.
Conclusion
The answer to your question “which of the following statements is true of market segmentation?” should now be clear for you. I appreciate you coming here to find the answer to your question and best wishes for your preparation related to “Management Subjects”.