A Major Criterion to Consider During Segment Selection Is the ____,Or

question 81

Multiple Choice

A major criterion to consider during segment selection is the ____,or the companies that are vying for that segment's business.

• A) ad clutter 
• B) business market 
• C) competitive field 
• D) niche market

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Definitions:

Factor of Production

An input used in the production of goods or services, such as land, labor, capital, and entrepreneurship.

Earnings

Earnings refer to the amount of money that an individual or business makes before any deductions are taken.

Restaurants' Demand

The total desire or willingness to purchase meals and services offered by restaurants at various price points.

Profit-maximizing

The process or strategy of adjusting production and prices to achieve the highest possible profit.