Segmentation Should Be Based on

question 16

Multiple Choice

Segmentation should be based on

• A) data.
• B) opinions.
• C) laws.
• D) a vote.

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Definitions:

Producing Units

Entities, either facilities or machinery, involved in the production process to manufacture goods or services.

Economy

The system of production, distribution, and consumption of goods and services in a particular geographic region or country.

Factor Markets

Markets where services of the factors of production (notably labor, land, and capital) are bought and sold.

New York Mets

A professional baseball team based in New York City, part of the National League division of Major League Baseball.