A Target Market Refers to

question 3

Multiple Choice

A target market refers to

• A)customers who have already purchased a firm's product at least once, have been satisfied, and are likely to be repeat purchasers.
• B)both existing and potential customers who have used a competitor's product, are dissatisfied, and who now seek a different product or service to satisfy their needs.
• C)a specific group of current consumers toward which an organization directs its advertising.
• D)one or more specific groups of potential consumers who are seeking a product for which there are no current substitutes.
• E)one or more specific groups of potential consumers toward which an organization directs its marketing program.

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Definitions:

Consensus Crimes

Illegal acts that nearly all people agree are bad and harm society greatly. The state inflicts severe punishment for consensus crimes.

Inuit Communities

Indigenous peoples living in the Arctic regions of Canada, Greenland, and Alaska, known for their rich cultural heritage and adaptations to cold environments.

Deviant Act

An action that deviates from the societal norms, which can be criminal or non-criminal but is considered outside the boundaries of acceptable behavior in a community.

Statistical Average

A measure representing the central or typical value in a set of data, calculated as the sum of all values divided by the number of values.