ENTREPRENEURSHIP

ENTREPRENEURIAL OPPORTUNITIES

MARKET RESEARCH

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following are methods used to segment a market?
A
Age, religion, school you go to, eating habits and views on education
B
Age, gender, income, location and lifestyle.
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Demographic segmentation is one of the simple, common methods of market segmentation. It involves breaking the market into customer demographics as age, income, gender, race, education, or occupation.

Detailed explanation-2: -Demographic segmentation is defined as a market segmentation method based on variables such as age, gender, income, etc.

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