Examlex
A(n) ______________is a concise statement of why the IT group exists and the purpose
and function it provides for the company.
Geographic Segmentation
The process of dividing a market into segments based on the geographic locations of consumers, such as countries, states, or cities.
Demographic Segmentation
The division of a market into segments based on variables such as age, gender, income, occupation, and education.
Market Segmentation
The process of dividing a market of potential customers into groups, or segments, based on different characteristics like demographics or buying behavior.
One Product
Focuses on the strategy of a business that sells a single product or service, typically specializing in a niche market.
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