Individuals, Groups, or Organizations with One or More Similar Characteristics

question 100

Multiple Choice

Individuals, groups, or organizations with one or more similar characteristics that cause them to have similar product needs are classified as

• A) market segments.
• B) heterogeneous markets.
• C) concentrated markets.
• D) demographic segments.
• E) strategic segments.

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Definitions:

Commercial Usage

The habitual practices and norms that are recognized and enforced among businesses in specific industries.

Deemed To Have Accepted

Considered to have agreed to or acknowledged something, typically by failing to object within a certain period.

Crates Of Strawberries

Containers used for the transportation and storage of strawberries, typically made of wood or plastic.

Ex-Ship

A term used in international trade that specifies the seller's obligation to deliver goods to a designated port of arrival, with risk transferring to the buyer once off-loaded.