When a Company Decides to Serve a Limited Number of Segments

question 30

True/False

When a company decides to serve a limited number of segments, or just one segment, it is pursuing a segmentation strategy.

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Definitions:

Text Messaging

The act of sending short, alphanumeric messages between mobile devices over a cellular network.

Storage Limits

The maximum amount of digital data that can be stored in a specific space or on a platform.

Instagram

A social networking service focused on photo and video sharing, allowing users to upload content and interact with followers.

Visual Images

Are representations of objects, people, or ideas in a form that can be seen, often used in media, art, and communication.