What Is the LAST Step in Market Segmentation

question 85

Multiple Choice

What is the LAST step in market segmentation?

• A) describe each group
• B) select an attractive segment(s) to serve
• C) identify product-related need sets
• D) group customers with similar need sets
• E) decide the segmenting scheme

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Definitions:

EmployeeID

A unique identifier assigned to employees within an organization for tracking purposes.

CustomerID

A unique identifier assigned to each customer in a database, used to track customer information and transactions.

One-to-many Relationship

A database relationship where a single record in one table can be associated with multiple records in another table.

Power Pivot

An Excel add-in that allows users to perform powerful data analysis and create sophisticated data models, including large datasets from various sources.