Without a Focus on Segmentation, Organizations in Competitive Markets Become

question 14

Multiple Choice

Without a focus on segmentation, organizations in competitive markets become ______.

• A) efficient by avoiding unnecessary expenses
• B) inefficient and risk failure
• C) efficient and more competitive
• D) inefficient and avoid misclassifying prospective customers

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Definitions:

Buyers' Incomes

The total earnings of consumers which influence their purchasing power and demand in the marketplace.

Rightward Shift

In economic graphs, a movement to the right of a curve, indicating an increase in supply or demand depending on the context.

Home-Delivered Pizza

Pizza that is made and delivered directly to a customer's home by a restaurant or pizza delivery service.

Population

The entire group of individuals or instances about whom we seek to make conclusions in statistical analysis or the number of inhabitants in a particular region or place.