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Kellogg's, the cereal brand, began its business with only one product, Kellogg's Corn Flakes.The company marketed this product to all segments-children, adults, families, and so on.Today, however, Kellogg's has multiple cereal products and brands that are targeted to meet the needs of different market segments.Froot Loops and Frosted Flakes are marketed for children and families who loved pre-sweetened cereals.All Bran and Special K are marketed to mainstream health-oriented adults.Kellogg's is also marketing its brand Kashi to a limited market segment, concentrating on health enthusiasts. Kellogg's targeted different groups of consumers for products such as All Bran, Froot Loops, and Frosted Flakes.This is an example of _____.
Sale of Property
The act of transferring ownership of real estate or personal property from one entity to another, often resulting in capital gains or losses for tax purposes.
Personal Residence
A dwelling in which an individual lives for a significant part of the year, considered as their main place of residence.
Working Condition Fringes
These are non-taxable benefits provided by an employer for the benefit of the employee, related directly to the nature of the job.
Professional Organization Dues
Membership fees paid to belong to an organization related to one's professional field, which may be tax-deductible.
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