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The Taguchi Concept of ________ States That Products and Services

question 23

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The Taguchi concept of ________ states that products and services should be designed so that they are inherently defect-free and of high quality.


Definitions:

Market Segments

A group of individuals or organizations within a market that share one or more characteristics, making them identifiable as a distinct component of the market for marketing purposes.

Market-Product Grid

A framework used to identify and evaluate potential market segments by product offerings.

Potential Marketing Actions

Possible strategies and activities that companies can employ to promote their products or services, enhance brand awareness, and engage with customers.

Market Segments

Distinct groups of potential customers with similar needs, characteristics, or behaviors who are likely to respond in a similar way to a company's offerings.

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