Examlex
To reduce error and bias, a test should be "double blind," which means that:
Market Segmentation
The process of dividing a broad consumer or business market, normally consisting of existing and potential customers, into sub-groups of consumers based on some type of shared characteristic.
Total Market
The entire pool of potential customers for a product or service, encompassing all segments and demographics.
Identifiable Groups
Collections of individuals or entities that can be distinctly recognized based on certain characteristics or criteria.
Elicited Set
A group of relevant brands or products that a consumer recalls and considers during the decision-making process.
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