ENTREPRENEURSHIP

ENTREPRENEURIAL OPPORTUNITIES

MARKET RESEARCH

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Small groups of consumers that interact with products or services and give their feedback based on their experiences are known as ____
A
focus groups
B
survey takers
C
market research audiences
D
test subjects
Explanation: 

Detailed explanation-1: -Market segmentation is a marketing term that refers to aggregating prospective buyers into groups or segments with common needs and who respond similarly to a marketing action.

Detailed explanation-2: -Different consumer groups Most marketers are concerned with the group of consumers they are trying to appeal to. These groups are often known as segments.

Detailed explanation-3: -Loyal Customers. Impulse Shoppers. Bargain Hunters. Wandering Consumers. Need-Based Customers. 25-Jun-2020

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