What Is the Term for the Segmenting of Markets Based

question 61

Multiple Choice

What is the term for the segmenting of markets based on the region of the country or the world, market size, market density (number of people within a certain unit of land) , or climate?

• A)community regionalization
• B)geographic segmentation
• C)geodemographic segmentation
• D)demonstrable regionalization

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Definitions:

Unenforceable

Describes a term, agreement, or contract that cannot be legally upheld or compelled by law.

Procedural Rules

Regulations or guidelines governing the processes and procedures of legal, governmental, or organizational activities to ensure fairness, efficiency, and consistency.

Administrative Agencies

Government bodies responsible for the regulation and oversight of specific areas of public and economic policy.

Legislation

Laws passed by a governing body, such as a parliament or congress, that regulate, authorize, forbid, or sanction certain actions.