Which of the Following Is a Criterion Used for Selecting

question 203

Multiple Choice

Which of the following is a criterion used for selecting a target market?

• A) similarity of needs of potential buyers within a segment
• B) difference of needs of sellers between segments
• C) feasibility of a marketing action to reach a segment
• D) competitive position
• E) simplicity and cost of assigning potential buyers to segments

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Definitions:

Value of Money

The purchasing power of money, which can vary over time due to factors like inflation or economic conditions.

Vertical Axis

In graphing, the y-axis upon which variables or values are plotted, typically representing dependent measurements in a chart or graph.

Real Salary

The purchasing power of an individual's income, taking into account the effect of inflation on spending power.

Nominal Salary

The amount of money earned by an employee before any deductions or adjustments for inflation.