Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Successful market segmentation means satisfying the needs of existing and potential customers in a clearly defined market. The choice of the market to be addressed

Successful market segmentation means satisfying the needs of existing and potential customers in a clearly defined market. The choice of the market to be addressed or 'served market' will be based around decisions relating to:the types of customers; the geographic scope; the areas of 'value-added' in which the service firm decides to operate; and

Select one:

a.

e-commerce opportunities.

b.

the range of service options.

c.

external scope.

d.

budget confines.

Can you tell me why you chose that specific answer?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Marketing Management

Authors: Philip R Kotler, Kevin Lane Keller, Subramanian Sivaramakrishnan, Peggy H. Cunningham

14th Canadian Edition

132161079, 978-0133076752, 013307675X, 978-0132161077

More Books

Students also viewed these Marketing questions

Question

5. How is resilience defined?

Answered: 1 week ago

Question

Choosing Your Topic Researching the Topic

Answered: 1 week ago

Question

The Power of Public Speaking Clarifying the

Answered: 1 week ago