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Distinguish Between Market Segmentation and Market Targeting

question 72

Essay

Distinguish between market segmentation and market targeting.


Definitions:

Personality

The fusion of characteristics that outline an individual's distinctive personality.

Trait

A characteristic or quality that defines or distinguishes a person or thing.

Optimistic

Having a hopeful or positive outlook on the future, expecting the best possible outcome in any given situation.

Impulsive

Acting suddenly on instinct or emotion without premeditated thought, often leading to unintended consequences.

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