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In the Geographic Segmentation Approach, Markets Are Divided into Units

question 61

True/False

In the geographic segmentation approach, markets are divided into units based on consumers' occupations and lifestyles.


Definitions:

Commercial Bank

A financial institution that offers services such as accepting deposits, providing loans, and offering basic investment products to the public.

Strictly Business

Attitudes or actions that are focused solely on business matters, usually implying a formal or serious approach.

Mental Effort

Mental Effort is the cognitive labor involved in processing information, solving problems, or comprehending complex concepts.

Lie Frequently

The habitual act of providing false statements or misrepresentations of the truth.

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