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Describe the difference between nomothetic and idiographic causal explanations.How do these differ from case-oriented understanding?
Market Segment
A group of individuals or organizations sharing one or more characteristics that cause them to have similar product and/or service needs.
Target Market
Refers to the specific group of consumers or organizations a company aims to reach with its products or services.
Benefits Sought
The specific value or advantage consumers look for in a product or service, which drives their purchasing decisions.
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