To Find a Target Market, a Firm Can Use One

question 144

Multiple Choice

To find a target market, a firm can use one of these targeting strategies.

• A)total market strategy and the undifferentiated strategy.
• B)product differentiation strategy and the customer differentiation strategy.
• C)demographic strategy and the psychographic strategy.
• D)socioeconomic strategy and the psychological strategy.
• E)undifferentiated strategy, the concentrated strategy, and the differentiated strategy.

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Definitions:

Conclusion

The final part of something, such as an argument or a piece of writing, summarizing the main points or findings.

Recommendation

A suggestion offered after consideration, often meant to guide decisions or actions in a particular direction.

Positive Reception

The favorable acceptance or approval of an idea, product, or initiative by an audience.

Completing Phase

The final stage in a project or process, where all activities are concluded and objectives are fulfilled.