Examlex

Solved

_____ Segmentation Refers to a Way of Segmenting Markets by Grouping

question 8

Multiple Choice

_____ segmentation refers to a way of segmenting markets by grouping consumers according to the manner in which they buy products.


Definitions:

Price

The price expected, requisite, or delivered in remuneration for an object or service.

Market Price

The contemporary valuation at which a commodity or service can be acquired or disposed of in a commercial environment.

Equilibrium Market Price

The cost level where the amount of products offered matches the amount of products sought after in a marketplace.

Downward Pressure

A force or condition that causes prices or values to decrease or decline in a market.

Related Questions