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Identifying Market Segments and Targets

When the firm concentrates on serving needs of any specific customer group, it is considered as __________?

When the firm concentrates on serving needs of any specific customer group, it is considered as __________?

A. product specialization
B. market specialization
C. single product concentration
D. mass customization

When the firm concentrates on serving needs of any specific customer group, it is considered as __________? Read More »

Identifying Market Segments and Targets, Marketing Mcqs

The VALS segmentation framework dimension ‘consumer resources’ is classified as ________?

The VALS segmentation framework dimension ‘consumer resources’ is classified as ________?

A. the stretch dimension
B. the strength dimension
C. the horizontal dimension
D. the vertical dimension

The VALS segmentation framework dimension ‘consumer resources’ is classified as ________? Read More »

Identifying Market Segments and Targets, Marketing Mcqs

The fun-loving and trendy people whom resources are constrained and limited are classified as _________?

The fun-loving and trendy people whom resources are constrained and limited are classified as _________?

A. non-believers
B. believers
C. strivers
D. non-strivers

The fun-loving and trendy people whom resources are constrained and limited are classified as _________? Read More »

Identifying Market Segments and Targets, Marketing Mcqs

The U.S consumers prefer familiar brands and are loyal to establish brands are classified as __________?

The U.S consumers prefer familiar brands and are loyal to establish brands are classified as __________?

A. strivers
B. non-strivers
C. non-believers
D. believers

The U.S consumers prefer familiar brands and are loyal to establish brands are classified as __________? Read More »

Identifying Market Segments and Targets, Marketing Mcqs