Which of the Following Is a Definition of Market Segmentation

question 99

Multiple Choice

Which of the following is a definition of market segmentation?

• A) It refers to identifying distinct groups of customers whose purchasing behavior differs from others.
• B) It refers to developing existing market segments and increasing market share within those segments.
• C) It refers to identifying the need for new products in existing markets and developing products for those markets.
• D) It refers to identifying new markets that can buy existing products.
• E) It refers to identifying the needs of a new market and developing new products for that market.

---

Definitions:

Maximum Material Condition

A condition of a part where it contains the largest amount of material within its tolerances, often used in determining limit fits.

Virtual Size

The conceptual or calculated dimension that represents an aspect of an object, often used in manufacturing or engineering to refer to tolerances or ideal dimensions.

Geometric Tolerance

A set of standards that defines the allowable shape, orientation, and positioning variations for features on manufactured parts.

MMC

Maximum Material Condition; a feature size where it contains the maximum amount of material yet still meets the part's tolerance specifications.