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german
3 years ago
9

The next step after developing a market-product grid and estimating market sizes in the segmentation process is to ________ appr

opriate target markets.]
Business
1 answer:
joja [24]3 years ago
5 0

Answer:

<u>Select</u>

Explanation:

Marketing segmentation is usually done on the basis of demographic, which is based upon age composition or the population, psychographic which is based upon personality traits and the attitudes of consumers, geographical which is based as per the location of the consumers and behavioral which is based upon buyer buying habits and trends of past purchases.

Once the products in a particular market have been assigned i.e product market grid, and market size been estimated in terms of the estimated number of consumers within a segment, the next step is to select appropriate target markets.

Target markets refer to identified consumer groups with similar tastes, preferences and buying habits.

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In order to avoid "putting all its eggs in one basket," a business is most likely to:
exis [7]

Answer:

C-PRODUCE OR SUPPLY A VARIETY OF GOODS AND SERVICES

8 0
3 years ago
Today's organizations can be divided into three groups, which are __________ organizations. D. employee, distributor, and custom
avanturin [10]

Answer:

Today's organizations can be divided into three groups, which are-Profit, Nonprofit, and Governmental organizations.

Explanation:

For-profit businesses, non-profit organizations, and governments can all play unique and valuable roles in society. However there are certain challenges that are best addressed by cooperative ventures involving all three sectors.

5 0
4 years ago
Which of the following refers to the process of​ collecting, analyzing, and interpreting data about​ customers, competitors, and
yKpoI14uk [10]

Answer:

d.  Market research

Explanation:

Market research -

It is one of the important step for the organisation ,

In this process , the information and data is collected , analysed and interpreted with respect to the customers reviews or feedback .

This step helps to enhance the production , sale and marketing of the goods and services the company produces , which in turn increases the profit earned by the company .

Hence , from the given information of the question ,

The correct option is  d.  Market research .

3 0
3 years ago
College football​ attendance, especially student​ attendance, has been on the decline. In​ 2016, home attendance at major colleg
puteri [66]

Answer:

Your opportunity cost of attending a game compared with the opportunity cost facing a college student 10 years ago is:

A) higher, because more games are televised today.

Opportunity costs are the cost of choosing one alternative from another.

In this case, when college students attend college football games they are unable to do other activities, not only while they are at the stadium or going to the stadium, but they are not able to purchase other goods. The cost of those alternatives that are lost are higher now because many college football games are televised now, before if you wanted to see a game you had to go to the game. So a student is now able to watch the game while doing other activities, or saving money for buying something else.

Can this change in opportunity cost account for the decline in college football​ attendance?

B) ​Yes, because these changes increase the opportunity cost of watching football games in person.

Even though opportunity costs do not involve actual cash payments, they are still important and individuals do consider them when they are choose one option over another. E.g. imagine if you had to choose between spending a considerable amount of money by attending a game (ticket, gas, beverages, etc.) or watching that game on TV and buying a few clothes instead or going on a date, etc. What option would you choose?

6 0
3 years ago
Which of the following is not a common complaint about marketing?
beks73 [17]

The answer is D because lots of people do not complain about that

6 0
3 years ago
Read 2 more answers
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