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Briefly Describe About the Following Terms

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Briefly describe about the following terms
-segmented market

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Definitions:

Freemium Business Models

A business strategy where basic services are provided free of charge while more advanced features must be paid for.

Market Competition

The rivalry among businesses to attract customers, increase sales, and improve market share by offering better products, prices, or services.

Professional Tax

A tax levied by state governments in India on individuals working in various professions, trades, and employment.

Traditional Methods

Established techniques or approaches that have been used over time, often passed down through generations, in various fields such as medicine, agriculture, or education.

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