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One of the Most Common Forms of Segmenting Consumer Markets

question 100

Multiple Choice

One of the most common forms of segmenting consumer markets uses characteristics such as age,income,household size,and/or ethnic group.This is known as ________ segmentation.

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Definitions:

Edit List

The process of adding, removing, or modifying items within a list to update or manage its contents.

Capacity Building

Efforts or initiatives aimed at enhancing the skills, competencies, and abilities of individuals or organizations for improved performance.

Community

A group of people living in the same place or having a particular characteristic in common, often sharing a sense of identity and belonging.

Social Development

The process by which individuals acquire the values, behaviors, and knowledge necessary to function effectively in society.

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