There Are Five Steps Involved in Segmenting and Targeting Markets

question 198

Multiple Choice

There are five steps involved in segmenting and targeting markets.What should a marketer do after he or she has grouped products to be sold into categories?

• A) create product groupings
• B) develop a market-product grid and estimate size of markets
• C) identify market needs
• D) take marketing actions to reach target markets
• E) form prospective buyers into market segments

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Definitions:

Afferent Arterioles

Small blood vessels that carry blood toward the nephrons in the kidneys, regulating blood pressure and filtration.

Blood Pressure

The force exerted by circulating blood on the walls of blood vessels, an essential indicator of cardiovascular health.

Proximal Convoluted Tubule

A segment of the nephron in the kidney where the bulk of reabsorption of water, ions, and nutrients from the filtered blood occurs.

Sodium Chloride

A chemical compound commonly known as table salt, essential for various bodily functions, including maintaining fluid balance.