Identify and Explain the Five Criteria for Effective Targeting of Market

question 20

Essay

Identify and explain the five criteria for effective targeting of market segments.
-1. Identification
2. Sufficiency
3. Stability
4. Accessibility
5. Congruent with the company's objectives and resources

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Definitions:

Structure Concerns

Refers to issues or considerations related to the organization, layout, or framework of a system or entity.

Worker Bee

A term often used metaphorically to describe someone who is industrious and hardworking, usually in a collective or organizational setting.

Leader

A person who guides or directs a group, organization, or country by providing vision, inspiration, and direction.

Get The Work Done

Refers to successfully completing tasks or achieving objectives within the expected or stipulated timeframe, often emphasizing efficiency and effectiveness.