Grouping a market by country, region (northeast, southeast), or areas within a region is known as segmentation.
Question
Solution 1
The segmentation you're referring to is known as "Geographic Segmentation". This is a common strategy where a business divides its market based on geography. There are several ways that a business can choose to geographically segment the market, such as by country, region (like northeast or southeas Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv
Similar Questions
Grouping a market by country, region (northeast, southeast), or areas within a region is known as segmentation.
Dividing the market using a group's values, attitudes, and interests is segmentation.
Which of the following is NOT a market segmentation approach?Multiple choice question.GeographicProductDemographicPsychographicBenefit
Which of the following is NOT a market segmentation approach?Multiple choice question.DemographicBenefitProductPsychographicGeographic
PRIZM is a segmentation scheme that defines the country based on what type of clusters?1 pointOccupationalGeographicCohortDemographic