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What Is a Market Segment? Define Market Segmentation and Discuss

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Essay

What is a market segment? Define market segmentation and discuss why market segmentation is important to the well-being of most companies.


Definitions:

Conservation Of Matter

A fundamental principle of classical physics that states that matter cannot be created or destroyed in an isolated system.

Abstract Terms

Words that represent ideas, concepts, or qualities that are not directly linked to sensory experiences.

Perspective

The art of delineating solid objects on a two-dimensional surface to give the right impression of their height, width, depth, and position in relation to each other.

Imaginative Play

A form of play in which children use their imagination to create scenarios and roles, often involving make-believe.

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