Segmentation Based on Where Prospective Customers Live or Work Is

question 152

Multiple Choice

Segmentation based on where prospective customers live or work is referred to as

• A)zip code segmentation.
• B)geographic segmentation.
• C)regional segmentation.
• D)MSA segmentation.
• E)NAICS code segmentation.

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Definitions:

Multiple Smaller Orders

Refers to the strategy of breaking down large orders for goods or services into smaller ones, often to manage risk, improve cash flow, or respond more flexibly to market demand.

Match Supply

the process of adjusting production levels, inventory, or supply chain capacities to meet the current or forecasted demand effectively.

Increase Profitability

The process of enhancing a company's ability to generate profit, either by increasing revenue, reducing expenses, or both.

Total Quantity

The aggregate amount or volume of goods produced, stored, or shipped.