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Market Segmentation

7 practice questionsMarketingStep-by-step solutions

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1

Dividing a market based on consumers' lifestyles, values, and personalities is:

A.Demographic segmentation
B.Geographic segmentation
C.Psychographic segmentation
D.Behavioral segmentation
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2

Market segmentation is the process of:

A.Setting a single price for everyone
B.Dividing a market into distinct groups with similar needs
C.Advertising on television only
D.Reducing product variety
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3

Market segmentation means dividing a market based on what?

A.Meaningful customer differences
B.Random spelling choices
C.Warehouse shelf height
D.Company logo color only
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