INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The same person can be included in more than one
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religion
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income level
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generation
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target market
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Explanation:
Detailed explanation-1: -Marketers know that the same person can easily fit into more than one target market. However, the same person would have a difficult time being included in more than one religion, income level, or generation.
Detailed explanation-2: -Therefore, multi-segment marketing is the process of dividing a target market into various segments in order to more closely target each segment with a different message or product.
Detailed explanation-3: -Mass marketing (undifferentiated marketing) Segmented marketing (differentiated marketing) Concentrated marketing (niche marketing) Micromarketing.
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