When Segmenting Broad Product-Markets,cost Considerations Tend to ______

question 243

Multiple Choice

When segmenting broad product-markets,cost considerations tend to ______.

• A) to encourage managers to disregard the criterion that a product-market segment should be substantial.
• B) to lead to more aggregating.
• C) to be unimportant as long as the segmenting dimensions are operational.
• D) to lead to a large number of small, but very homogeneous, product-market segments.
• E) dissuade segmenters from exploring other variables in the market

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Definitions:

Calculator Manufacturer

A company or entity involved in the production of calculators, ranging from basic to advanced scientific and graphing models.

Profit-maximizing

The process or strategy of adjusting production and sales to achieve the highest possible profit.

Payment to Labor

Compensation provided to workers for their labor, which can be in the form of wages, salaries, or benefits, for their contribution to production processes.

Marginal Revenue Product

The additional revenue generated by employing one more unit of a factor of production, holding all other inputs constant.