1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
musickatia [10]
3 years ago
15

What is market segmentation? List the steps in the market segmentation process.

Business
1 answer:
34kurt3 years ago
6 0

Answer:

Market segmentation refers to a term in which there is a division of large markets into the smaller ones and this segregation is based on the customers  which are having similar characteristics, wants or needs.

Following are the steps included in the market segmentation process:-

a) Market potential will be forecasted

b) Market share will be estimated

c) Market segments would be chosen

d) Formation of users profile

You might be interested in
It’s important to know whether you’ve paraphrased and cited source material for your paper correctly so you avoid plagiarism. Re
Oksanka [162]

Answer:

The correct answer are: Example of Plagiarism ; Correctly Paraphrased.

Explanation:

Plagiarism is using someone else's work, ideas, or words as if they were their own, without explicitly crediting where the information comes from.

The outside information is owned by another person (such as a car or anything else we own), regardless of whether it is free or not, or in the way we have accessed it (on the Internet, a magazine, a book) . Our words belong to us and cannot be used without our permission.

When paraphrasing, a person performs a paraphrase of a speech, whether oral or written. For this, words, syntax and other elements of the original content must be replaced, always respecting the meaning, so that information is not lost in the process.

4 0
3 years ago
World Grocer sells high-quality products and grocery items that are unique to its highly populated area; in addition, it offers
grigory [225]

Answer:

focused-differentiation

Explanation:

3 0
3 years ago
The size and cut of a diamond allows people looking at a ring to roughly estimate its cost and make a judgment about the wearer'
Sholpan [36]

The answer is the Status symbol.

A status symbol is typically an object meant to symbolize the high social and financial position of its owner.

Status symbols frequently vary as a culture and its ideals evolve.

Different status symbols may also be dictated by one's line of work, and some uniform designs may be interpreted as status symbols.

Status symbols in capitalist society are frequently connected to material prosperity. Status symbols might alter depending on where they are used.

For instance, a physical scar may signify honor or bravery in cultures where warriors are revered, becoming a status symbol.

Hence, in the given scenario where the size and cut of a diamond allow people looking at a ring to roughly estimate its cost and make a judgment about the wearer's economic status. A diamond is a status symbol.

Learn more about capitalist society:

brainly.com/question/10441842

#SPJ4

5 0
2 years ago
In an organization with compensation that has ______ outcome interdependence, a(n) ______ portion of the employee's pay depends
bearhunter [10]

In an organization with compensation that has <u>hybrid outcome interdependence</u>, a <u>given </u>portion of the employee's pay depends on the team's output and performance.

Hybrid outcome interdependence refers to the terms of employment in which a team’s output and performance determines a specified portion of the members’ salary. So, if their performance fails to meet given targets or standards, members will end up getting lower pay.

On the other hand, there are incentive structures linked to such arrangements, so that overachieving the targets would lead to members receiving a bonus.

Hybrid outcome interdependence is a key corporate strategy to ensure employees put in their best effort, as incentive and disincentive structures are built into the pay structure.

To learn more about hybrid outcome interdependence: brainly.com/question/28195254

#SPJ4

3 0
2 years ago
Heinrich is a manufacturing engineer with the Miller Company. He has determined the costs of producing a new product to be as fo
dusya [7]

Answer:

It need  sales figure of 22,125 units per year to break even considering their currnent contribution marign and fixed cost.

Explanation:

fixed cost per year:

equipment lease cost: 288,000

other overhead cost  <u>     48,300   </u>

total fixed cost              336,300

contribution per unit:

sales revenue - variable cost

39.75 - 14.55 = 15.20

each units generates $15.20 dollar we need to save up for  336,300 dollars

break even point:

336,300 / 15.20 = 22,125 units

6 0
3 years ago
Other questions:
  • HELP If overnight delivery makes you think of FedEx, what marketing strategy caused that association in your mind?
    13·1 answer
  • Why dress code important ?
    11·1 answer
  • Are used to describe the basic characteristics of study populations and other data sources.
    13·1 answer
  • The board of commissioners of the city of Jarmaine adopted a General fund budget for the year ending June 30, 2018, which indica
    13·1 answer
  • Dimon Products' sales are expected to be $5 million this year, with 90% on credit and 10% for cash. Sales are expected to grow a
    10·1 answer
  • Charles lackey operates a bakery in Idaho, Falls Because of its excellent product location, demand has increased by 35% in the l
    12·1 answer
  • Post Company lends Blue Company $40,000 on April 1, accepting a 4 month, 4.5% interest note. Post Company prepares financial sta
    14·1 answer
  • Which two of the following financial institutions offer checkable deposits included within the M1 money supply? Instructions: In
    7·1 answer
  • Blart Corp. recently paid a dividend of $5.00 per share. Analysts forecast future dividends will increase by 2% forever. The req
    6·1 answer
  • Explain what the long- and short-term consequences are of not promoting equality or working to reduce poverty.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!