List the Steps Involved in Market Segmentation

question 20

Essay

List the steps involved in market segmentation.

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Definitions:

Milton Friedman

An American economist and Nobel Prize winner known for his advocacy of free market capitalism and a key figure in the Chicago School of Economics.

Unethical

Actions or behavior that violate moral or professional norms, often against what is considered right or good.

Corporate Governance

The system of rules, practices, and processes by which a corporation is directed and controlled, aiming to balance the interests of its various stakeholders.

Publicly Held Corporations

Companies whose shares are traded on public stock exchanges, allowing for ownership by the general public.