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If a Business Is Using the Same Segmentation Approach as Its

question 22

True/False

If a business is using the same segmentation approach as its competitors, it is not garnering a competitive advantage for itself.


Definitions:

Clothing Store

A clothing store is a retail business establishment that specializes in selling garments and accessories to consumers.

FOB Destination

A shipping term indicating that the seller bears all costs and risks of loss until the goods are delivered to the buyer's specified location.

Ending Inventory

The total value of all inventory (goods available for sale) a company holds at the end of an accounting period.

Average Cost Methods

A cost-flow assumption for inventory valuation, where the cost of goods sold and ending inventory are calculated based on the average cost of all units available for sale.

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