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
A. product specialization
B. market specialization
C. single product concentration
D. mass customization
A. the stretch dimension
B. the strength dimension
C. the horizontal dimension
D. the vertical dimension
A. non-believers
B. believers
C. strivers
D. non-strivers
A. non-believers
B. believers
C. strivers
D. non-strivers
The conventional people with concrete beliefs and conservative are called ___________? Read More »
Identifying Market Segments and Targets, Marketing McqsA. actualizes
B. non-actualizes
C. makers
D. non-makers
The people who express taste and independence are classified as ____________? Read More »
Identifying Market Segments and Targets, Marketing McqsA. strivers
B. non-strivers
C. non-believers
D. believers
A. savvy shoppers
B. non-savvy shoppers
C. enthusiast
D. non-enthusiast
The people who don’t have to spend much on products are considered as ________? Read More »
Identifying Market Segments and Targets, Marketing McqsA. survivors
B. non-survivors
C. destroyers
D. makers
A. traditionalist
B. savvy shoppers
C. overwhelmed
D. non-enthusiast
The potential and attractive target market are classified as __________? Read More »
Identifying Market Segments and Targets, Marketing McqsA. segment profitability
B. segment positioning
C. acid test segments
D. marketing mix
The process of creating ‘Value Proposition’ is considered as __________? Read More »
Identifying Market Segments and Targets, Marketing Mcqs