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A Strategic Context, Segmentation Means the Identification of Customer Groups

question 6

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a strategic context, segmentation means the identification of customer groups that respond differently from other groups to competitive offerings.


Definitions:

Liquidity

The convenience with which one can convert an asset into cash without influencing its market price.

Financial Distress

A situation in which a company struggles to meet or has difficulty paying off its financial obligations to creditors.

Liquid Assets

Assets that can be quickly and easily converted into cash without significant loss of value.

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