What Does These Term Refere To

question 3

Multiple Choice

What does these term refere to:
-Omni directional

• A) two dimension
• B) three dimension
• C) single dimension
• D) none of the above

---

Definitions:

Market Segmentation

The process of dividing a broad consumer or business market, normally consisting of existing and potential customers, into sub-groups of consumers based on shared characteristics.

Competitive Advantages

Unique attributes or circumstances that allow a company to outperform its competitors, such as cost structure, product quality, brand, or distribution network.

Target Market

A specific group of consumers at whom a company aims its products and services, characterized by similar demographics, interests, or needs.

Market Segmentation

The division of a broad market into distinct subsets of consumers who have common needs, interests, and priorities, to tailor marketing strategies to those segments.