Variation in Customer Needs Is the Primary Reason for ____________________

question 42

Multiple Choice

Variation in customer needs is the primary reason for ____________________.

• A) market segmentation.
• B) product segmentation.
• C) country segmentation.
• D) quality segmentation.
• E) sales segmentation.

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Definitions:

General Partnership

A business structure in which the business owners share the management and risk of the business.

Limited Liability

A legal structure that protects company owners' personal assets from business debts and liabilities.

Legal and Administrative Costs

Expenses incurred by a business for legal services and administrative operations.

Sole Proprietorships

A business structure where a single individual owns and operates the entity, bearing all responsibilities and privileges.