What Are the Most Common Ways to Segment a Market

question 81

Multiple Choice

What are the most common ways to segment a market?

• A)enlist the government to erect barriers
• B)geographical separation
• C)threaten customers who engage in reselling
• D)use different packaging

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Definitions:

Account

A record of increases and decreases in specific asset, liability, or owner’s equity items.

Freight

Costs associated with the transportation of goods, often recognized separately on financial documents for accounting purposes.

Discount Period

The time frame within which a payment can be made at a discounted rate from the total outstanding amount, incentivizing early payments.

Inventory

The goods or materials a business holds for the purpose of resale or production.