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What Is Geographic Segmentation? Name Four Reasons Why a Company

question 93

Essay

What is geographic segmentation? Name four reasons why a company would use a regional marketing approach.Then give a specific example of a company marketing its product(s)regionally.


Definitions:

Efficient

Achieving maximum productivity with minimum wasted effort or expense; effectiveness in performance.

Privatization

The process of transferring an enterprise or industry from the public sector to the private sector.

Government

The system or group of people governing an organized community, often a state, and the mechanism by which state policies are enforced and public affairs managed.

Unintended Consequences

Unintended consequences are outcomes that are not foreseen or intended by a purposeful action.

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