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You have just purchased a Samsung S5 smartphone, after learning how to use it, you tweet out to the Samsung handle, that "S5 best phone ever! Great screen & battery life! Thx!" Brands who monitor their social media attempt to understand different levels of customer __________.
Market Segmentation
The process of dividing a larger market into smaller groups, or market segments, based on meaningfully shared characteristics.
Marketing Resources
Various assets such as time, money, and human skills that a company allocates towards its marketing efforts.
Maximizes Profit
The strategic effort made by businesses to increase the difference between their revenues and expenses.
Ethical Concerns
Issues or situations that require individuals or organizations to choose between alternatives that must be evaluated as right (ethical) or wrong (unethical).
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