Identify the Step That Usually Follows the 'Divide Markets on Relevant

question 94

Multiple Choice

Identify the step that usually follows the 'divide markets on relevant dimensions' step.

• A) Determine consumer needs and wants.
• B) Decide segmentation strategy.
• C) Design marketing mix strategy.
• D) Develop product positioning.

---

Definitions:

Workplace Flexibility

An arrangement in a work environment that allows employees to have variable work hours, locations, or job duties to balance their work and personal life efficiently.

Technology-Driven Economy

An economy heavily influenced by technological innovation, automation, and the digital sector's growth.

Cooperation

The act of working together towards a common goal or interest, often emphasizing teamwork and mutual assistance.

Management-Driven Initiatives

Programs or actions initiated by a company's management or leadership in order to achieve certain goals, such as improving efficiency, productivity, or employee satisfaction.