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polet [3.4K]
1 year ago
12

Market segment profiles are used to describe _____________ members of a market segment, and to explain ______________members in

separate market segments.
Business
1 answer:
irga5000 [103]1 year ago
7 0

Market segment profiles are used to describe the similarities among potential members of a market segment, and explain the differences among members in different market segments.

<h3>What is Market segment profiles?</h3>

The process of segmenting a market of potential customers into smaller, more focused groups based on shared traits like demographics, interests, needs, or location.

There are four primary categories of market segmentation-

  • demographic.
  • Psychographic.
  • Geographic.
  • Behavioral.
<h3>What are the levels of market segmentation?</h3>

There are four levels of market segmentation-

  • Mass Marketing.
  • Segment Marketing.
  • Niche Marketing.
  • Micro Marketing.

Learn more about Market segment profiles brainly.com/question/9016551

#SPJ4

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Corner Market Inc. is a supermarket chain. Due to strong competition from other stores in the industry, Corner Market has aggres
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Answer:

The correct answer is a monopolistic competition.

Explanation:

Monopolistic competition is a form of market in which there are a large number of buyers and sellers. The sellers are providing differentiated products which are close substitutes.

There is a high degree of competition in the market. The entry and exit in the market are relatively easier than a monopoly market.

To increase their market share and earn more profits, the firms take the help of branding and advertising.

In the given example, the supermarket chain is operating in monopolistic competition as it has to face a high degree of competition and is using branding, etc to create a niche for itself.

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3 years ago
Whereas ______________ are often associated with a low-cost leader strategy, ______________ are frequently an important aspect o
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banks

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banks is it

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Job control unionism seeks to achieve all of the following except:A. Increase employee participation and decrease managerial con
Tasya [4]

Answer:

A. Increase employee participation and decrease managerial control.

Explanation:

Unions are basically the key to decrease managerial control as much as possible and increase the power wielded by the workers.

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3 years ago
Typically, the franchisee determines the territory to be served by the franchise. Group of answer choices True False
borishaifa [10]

The False statement about  Franchisee is " Franchisee is a method of distributing products or services involving a franchisor "

To find the False statement , we need to know more about Franchisee .

<h3>What is Franchisee?</h3>

A franchise (or franchising) is a method of distributing products or services involving a franchisor, who establishes the brand’s trademark or trade name and a business system, and a franchisee, who pays a royalty and often an initial fee for the right to do business under the franchisor's name and system.

Franchisee in Territorial Rights:

Whether or not the franchisee is granted a form of territorial protection wherein, for example, the franchisor will not grant competing franchises. Typically franchisees will be granted an operating territory within which they are required and restricted to conduct the operations of their franchise business.

The franchise agreement will define where the franchisee may operate the franchised business, who the franchisee may or may not sell products or service to and any protection that may be afforded to franchisee regarding his or her territory.

Thus, we can conclude that the above statement is Typically, the franchisee determines the territory to be served by the franchise is False.

Learn more about Franchisee on:

brainly.com/question/16826168

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