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Why Is Market Segmentation an Important Variable in the Strategy-Implementation

question 52

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Why is market segmentation an important variable in the strategy-implementation process?


Definitions:

Developed

Pertains to a state of advancement or growth, often used in the context of societies, technologies, or economies which have reached a high level of sophistication.

Contract Law

The legal framework that oversees the creation, execution, and implementation of contracts among individuals or entities.

Remedy of Damages

Legal compensation sought or awarded in a lawsuit for loss or injury caused by another's wrongdoing.

Contract Law

The body of law that governs the formation, execution, and enforcement of agreements between parties.

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