The division of the customers into groups of the similar people is known as market segmentation. Thus correct option is (B).
<h3>What is Market Segmentation?</h3>
Market segmentation is the marketing strategy in which the people are divided into similar groups making the small segments who has the common needs and respond same to the marketing action.
Market segmentation is the process of grouping comparable clients together. Therefore the correct option is (B).
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Answer:
The correct answer is letter "D": Glocalization
.
Explanation:
Glocalization is a combination of two words: <em>globalization </em>and <em>localization</em>. The term combined refers to companies with a global presence that adapt their products according to the culture of the area where they are. Usually, glocalization implies local advertisement to promote the familiarization of foreign among the local target customers.
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Answer:
Inappropriate budgeting and control system
Explanation:
If there is no proper budgeting with respect to the revenues, expenses and also if there is no proper control than the implementation of the vision and strategies would become difficult due to which organization is not able to accomplish its goals and objective within a prescribed time
There should be proper structure of work by considering the budgeting and control system as if any organization would ignore this then they would lead to suffered high losses
Therefore as per the given scenario, the third option is correct