The process of determining overall profitability of each segment on the basis of market growth and access is classified as __________?

Correct answer: C. segment attractiveness

  • A. solution based segmentation
  • B. need based segmentation
  • C. segment attractiveness
  • D. segment identification

Explanation

Segment attractiveness evaluates whether a segment is worth pursuing by considering factors such as growth, profitability, size, and accessibility. The other choices describe ways to identify or define segments rather than assess their profitability.

Written and checked by , editorLast updated
Report an error

The more specific you are, the faster it gets fixed. A source beats an opinion.

Prefer email? [email protected]

About Marketing

Marketing covers how organisations identify customer needs, create value and exchange products or services through suitable markets. Key concepts include market segmentation, targeting, positioning, consumer behaviour, the marketing mix of product, price, place and promotion, branding, product life cycle and differences between marketing and selling.

Practise Marketing

1,700 free Marketing MCQs from Management Sciences, each with the correct answer and an explanation. Unlimited attempts, no account needed.

Discussion

Stuck on an option, or know a faster way to get there? Ask or explain it here.

No comments yet. Be the first to explain this one.

Exams that ask Management Sciences questions like this

Management Sciences is on 2 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.

More Marketing questions