The Most Common Method of Segmenting Business Markets by Industry

question 45

Multiple Choice

The most common method of segmenting business markets by industry is to use:

• A)the NAICS code system.
• B)geographic location.
• C)business characteristics.
• D)customer value measures.

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Definitions:

Relay Valve Crack Pressures

The initial pressure at which a relay valve starts to open or change its state in a compressed air system, important for the timing and control of air flow.

Service Brakes

The primary braking system used during normal vehicle operation, enabling a driver to reduce speed or bring the vehicle to a stop.

Timing

The procedure used to time interacting mechanical components. See timing marks.

Power Screw

A mechanical device used to convert rotary motion into linear motion, commonly used in machinery for lifting, pressing, or clamping actions.