Examlex
Which of the following is a component of compensation?
STP Process
Stands for Segmentation, Targeting, and Positioning, a strategic approach in marketing that divides a broad market into distinct groups, targets specific segments, and positions a brand to meet the needs of selected segments.
Geodemographic Segmentation
A marketing technique that clusters people based on the premise that individuals who live near one another are likely to have similar financial means, tastes, and lifestyles.
Segmentation Attractiveness
The extent to which a defined market segment is desirable to target based on factors like size, profitability, and accessibility.
Self-Concept
Self-concept is the understanding or perception that a person has about themselves, encompassing thoughts, feelings, and beliefs about one's own identity and capabilities.
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