Distinguish Between Market Segmentation and Market Targeting

question 72

Essay

Distinguish between market segmentation and market targeting.

---

Definitions:

Incubators

Organizations designed to support the growth and development of startup companies through services like mentoring, office space, and financing.

Innovative Technologies

Cutting-edge advancements in technology that offer new solutions or improvements over existing methods.

Entrepreneurs

Individuals who initiate, manage, and take on the risks of a business or enterprise.