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Identify the sampling technique used.
-A market researcher randomly selects 100 drivers under 45 years of age and 200 drivers over 45 years of age.
Differentiation Focus Strategy
A business approach aiming at distinguishing a product or service from competitors, targeting a specific consumer segment.
Significant Points
Key facts or pieces of information that are of great importance or consequence in a given context.
Market Segments
The categorization of potential buyers into groups based on shared characteristics or behaviors, useful in targeted marketing strategies.
Higher Price
Selling products or services at a price point above the average market price or the initial offering price.
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