All of the Following Are Criterion Used for Selecting Target

question 234

Multiple Choice

All of the following are criterion used for selecting target market segments EXCEPT:

• A)compatibility with the organization's objectives and resources.
• B)market size.
• C)simplicity and cost of assigning potential buyers to segments.
• D)competitive position.
• E)cost of reaching the segment.

Comprehend the economic functions of profits and losses and their impact on resource allocation.

Recognize the significance of competition and innovation in a market system.

Grasp the Five Fundamental Questions of economics within a market system.

Identify unique characteristics of a market system including private ownership and competition.

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Definitions:

Swimming Pool

A man-made basin filled with water designed for swimming or leisure activities.

Reliance

Reliance refers to the act of depending or counting on someone or something, often in the context of legal contracts where one party's actions are based on the promises or agreements made by another.

Donee Beneficiary

A party who benefits from a contract made between two other parties, without any obligations to perform or pay.

Intended Beneficiary

An individual or group for whom a contract is specifically made to benefit, granting them certain rights or benefits.