Marketers Typically Segment Markets Based on __________

question 42

Multiple Choice

Marketers typically segment markets based on __________.

• A)the production capacity of a firm
• B)various attributes or the price of products
• C)the number of competitors in the market
• D)network effects that make products convenient to use

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Definitions:

Imported Items

Goods brought into a country from abroad for sale.

Tariff

A tax imposed by a government on goods and services imported from other countries to protect domestic industries or to generate revenue.

Import Quotas

Limits set by a government on the amount or value of certain goods that can be imported into a country, usually to protect domestic industries.

Voluntary Export Restraints

These are self-imposed limits by exporting countries on the volume of their exports to a particular country, usually to avoid stricter trade barriers.