To Be Identified as a Market Segment,its Members Must

question 148

Multiple Choice

To be identified as a market segment,its members must

• A)represent a large share of the entire market and have buying power.
• B)have common needs and respond similarly to a marketing action.
• C)have different needs and have potential for future growth.
• D)have different needs and respond similarly to market actions.
• E)have the potential for future growth and increased profit or ROI.

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Definitions:

Companionate Love

A form of love characterized by deep affection, mutual respect, and a strong bond that develops over time.

Affection And Trust

Fundamental components of close relationships, involving feelings of warmth and fondness towards another, and belief in their reliability and support.

Crop Failures

Instances where agricultural crops do not grow as expected due to factors such as drought, pests, disease, or extreme weather, leading to a significant loss in yield.

Cultural Ideal

A widely accepted standard or model of excellence within a culture, often embodying its values and aspirations.