Identifying Market Segments and Targets

1. In business markets, segmentation by “purchasing approach” might include:

 
 
 
 

2. Which of the following is NOT an advantage of market segmentation?

 
 
 
 

3. Which is a key step before selecting target markets?

 
 
 
 

4. Which of the following is a requirement for effective segmentation?

 
 
 
 

5. What does “actionable” mean in the context of segmentation?

 
 
 
 

6. The process of making a product different from competitors’ products is:

 
 
 
 

7. Market targeting is the process of:

 
 
 
 

8. Niche marketing is most suitable for:

 
 
 
 

9. Undifferentiated marketing is also called:

 
 
 
 

10. Which segmentation variable is most associated with dividing the market by buyer’s personalities or values?

 
 
 
 

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