MCQOPTIONS
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| 1. |
Which of the following statements about market segmentation is true? |
| A. | It is a process of identifying and profiling distinct groups of buyers who differ in their needs and wants. |
| B. | It is a process of creating an image or identity of the product in the minds of the target market. |
| C. | It is a process of evaluating each segment's attractiveness and selecting one or more to enter. |
| D. | It involves changing the identity of a product, relative to the identity of competing products, in the collective minds of the target market. |
| Answer» B. It is a process of creating an image or identity of the product in the minds of the target market. | |