The Most Common Bases for Segmenting Markets Are Geographic and Demographic

question 42

True/False

The most common bases for segmenting markets are geographic and demographic.

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Definitions:

Employee Motivation

The degree of enthusiasm, dedication, and innovation that employees of a company bring to their roles.

Knowledge

Information, understanding, and skills that individuals acquire through experience or education.

Goal Setting

Determining goals that are clear, quantifiable, feasible, pertinent, and have a defined timeline.

Relevant Goals

Objectives that are pertinent and directly relate to the desired outcome or mission of an individual or organization.