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3.03 Market Identification

Authored by Michelle Stevens

Business

9th Grade

Used 16+ times

3.03 Market Identification
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16 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The division of a market on the basis of customers’ responses to a product

Demographic segmentation

Behavioral segmentation

Geographic segmentation

Psychographic segmentation:

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A customer or potential customer who purchases goods or services to satisfy personal desires

Consumer market

Market

Target market

Market segment

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The particular group of customers a business seeks to attract

Consumer market

Market

Target market

Market segment

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A customer or a potential customer who has an unfulfilled desire and is financially able and willing to satisfy that desire

Consumer market

Market

Target market

Market segment

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

One of the groups into which the total market is divided

Consumer market

Market

Target market

Market segment

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The division of a market on the basis of its physical and social characteristics

Demographic segmentation

Behavioral segmentation

Geographic segmentation

Psychographic segmentation:

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The division of a market on the basis of where customers are located

Demographic segmentation

Behavioral segmentation

Geographic segmentation

Psychographic segmentation:

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