Examlex
One of the benefits of the common law is that it is flexible in changing with the times.
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.
Homogenous Groups
Groups consisting of members who have similar backgrounds, demographics, or interests, leading to minimal diversity within the group.
Substantial
Of considerable importance, size, or worth; something that is significant or with a solid basis.
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