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The Goal of Market Segmentation Is to Break Down the Market

question 39

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The goal of market segmentation is to break down the market for a product or a service into different groups of consumers so the firm can:


Definitions:

Automobile Accidents

Events involving vehicles that result in damage or injury caused by a collision or other mishaps on the road.

Heavy Use

The excessive or intense consumption of a substance or engagement in an activity.

Current Smokers

Individuals who are actively engaged in the act of smoking cigarettes at the present time.

United States

A country in North America composed of 50 states, a federal district, five major self-governing territories, and various possessions.

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