Identify Two Segmentation Methods Used in Segmenting Markets and Give

question 107

Essay

Identify two segmentation methods used in segmenting markets and give an example of a situation where each might be used.

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Definitions:

Alleged Partner

is a term used to describe someone who is claimed or said to be a partner in a business or venture, often without formal proof.

Ownership of Property

The legal right or title to possess, use, and control an asset or property.

Percentage of Profits

A portion or share of the profits generated by a business or investment, expressed as a percentage of the total profits.

Loan Repayment

The process of paying back borrowed money, typically in installments, to the lender.