For a Market Segment to Be ___________,It Must Mean That

question 68

Short Answer

For a market segment to be ___________,it must mean that the size,purchasing power,and profiles of a market segment can be determined.

---

Definitions:

Profit-maximizing

A strategy or point where a business reaches the highest possible profit level with given operational limits and market conditions.

Total Revenue

the overall amount of money generated by a firm from its sales activities before any costs or expenses are subtracted.

Variable Cost

Costs that change in proportion to the activity of a business such as the cost of raw materials.

Variable Costs

Costs that vary in proportion to the level of production or sales volume.