Which of the Following Is the Process of Dividing a Market

question 114

Multiple Choice

Which of the following is the process of dividing a market into distinct groups of buyers with different needs,characteristics,or behaviours?

• A) Market targeting
• B) Market segmentation
• C) Positioning
• D) Marketing strategy
• E) Differentiation

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Definitions:

Spot Trade

A transaction for the immediate purchase or sale of a financial instrument.

Official Exchange Rate

The official exchange rate is the rate at which a country's central bank will exchange its currency for foreign currency.

Agreement

An agreement is a mutual understanding or arrangement between two or more parties, often legally binding, about their rights and responsibilities regarding a particular deal or situation.

Dollar Strengthened

A condition where the U.S. dollar increases in value compared to other currencies in the global market.