One Condition for Effective Segmentation Is That at Least One

question 209

True/False

One condition for effective segmentation is that at least one segment must have substantial profit potential.

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Definitions:

Market Value

The estimated worth of a product, service, or company within the marketplace, determined by factors like supply, demand, and competition.

HR Practices

Strategies, methods, and processes implemented by the Human Resources department to manage and develop the workforce efficiently.

Economically Disadvantaged Youths

Young individuals experiencing poor economic conditions that hinder their ability to access basic necessities, education, and employment opportunities.

Milton Friedman

An influential American economist known for his strong belief in free-market capitalism and minimal government intervention in the economy.