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Market segmentation plays a very important role in developing a marketing strategy.Select the best definition of market segmentation from the choices below.
Stock Dividend
A dividend payment made to shareholders in the form of additional shares, rather than cash.
Paid-in Capital
Funds that are contributed to a corporation by investors in exchange for the corporation's stock, representing the funds raised by the company from equity, not from ongoing operations.
Common Stock Dividends Distributable
A liability account representing dividends declared by a company but not yet distributed to common stockholders.
Stock Split
A corporate action to increase the number of outstanding shares by dividing each share, which typically makes the stock more affordable.
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