Examlex

Solved

Five General Criteria Are Often Used to Pick Target Segments

question 115

Multiple Choice

Five general criteria are often used to pick target segments.They include the size of the market, expected growth of the market, competitive position of the firm with respect to the market, and cost of reaching the segment.What is the fifth criterion?


Definitions:

Validity

refers to the extent to which a test or instrument measures what it is supposed to measure.

Counselors

Professionals trained to provide guidance and support to individuals dealing with personal, social, or psychological challenges.

Content Validity Ratio

A statistical measure used to estimate the extent to which a test represents all facets of a given construct.

Construct

An abstract concept or theoretical entity that is used to explain and predict behavior in psychology and other social sciences.

Related Questions