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.


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