Firms consider pursuing various <u>market segments</u> as part of their overall growth strategies.
<h3>What are market segments?</h3>
Market segments are the groups into which a market can be divided based on the common characteristics of the consumers.
The major market segments are based on:
- Demographic
- Psychographic
- Behavioral
- Geographic segmentation.
The purpose of creating market segments is to reach out easily to each group based on their requirements.
Thus, to enhance growth, firms embark on market segmentation.
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It’s Levi because it’s clearly written that Levi is a beginner. Hope that works!
When the policies of a non profit organization and the beliefs or policies of a donor do not match or are contrasting, it leads to a <u>conflict</u>.
There are a variety of policies that non profit organizations must follow in order to remain operational. These policies include financial policies, fundraising policies, and policies regarding the distribution of resources for a non profit.
Non profit organizations must be careful to adhere to these policies, as any deviations could jeopardize their tax-exempt status. Additionally, non profit organizations must be transparent in their policies and procedures, as this is essential to maintaining the public's trust and support.
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