The Process of Classifying Customers into Distinct Groups with Similar

question 110

Multiple Choice

The process of classifying customers into distinct groups with similar needs, characteristics, or behaviour is known as:

• A) market positioning.
• B) market segmentation.
• C) market development.
• D) market aggregation.
• E) market targeting.

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Definitions:

Raising Taxes

The act of increasing the amount of money the government collects from individuals or businesses.

NDP

An abbreviation for the New Democratic Party, a social democratic political party in Canada.

Political Affiliation

An individual's alignment or support for a particular political party or ideology.

Electrical Connectors

Devices that join electrical circuits together, allowing electricity to flow from one element to another.