A Market Segment Is a Group of

question 69

Multiple Choice

A market segment is a group of

• A) customers within a market that can be different from each other on the basis of their distinct attributes and specific demands.
• B) companies that produce similar goods or services.
• C) customers within a market that purchase goods or services in similar quantities.
• D) customers within a market that have similar levels of profitability.
• E) none of these.

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Definitions:

Implied Trust

A trust formed by the law from the conduct or circumstances of the parties involved, rather than by explicit written agreement.

Created

Brought into existence or formed out of nothing.

Testamentary Capacity

The legal ability of a person to make a valid will, usually involving being of sound mind and of certain age.

Testator

An individual who has made a will or testament in which they name one or more persons to manage their estate and provide for the transfer of their property at death.