Which of the Following Is a Characteristic of the 'Core

question 54

Multiple Choice

Which of the following is a characteristic of the 'Core segment' of the 'Dutch windmill'? 

• A) Buyer can easily switch from one supplier to another. 
• B) Supplier in a dominant position versus its customers. 
• C) Supplier in weak position needing to compete with other suppliers for orders. 
• D) Suitable for building long-term relationships.

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Definitions:

Specific Consumers

Individual customers or segments of the market with particular needs, interests, and characteristics targeted by businesses.

Marketer

A person or an organization that promotes or sells products or services, focusing on identifying and meeting the needs of its target market.

Demographic Variable

A characteristic used to segment populations for study, such as age, gender, income level, education, or ethnicity.

Social Class

A segmentation of society according to socioeconomic standings.