The clustering techniques that can be used in segmenting:
A) eliminate the need for management intuition and judgment.
B) group people together into heterogeneous product-market segments.
C) try to find similar patterns within sets of data.
D) allow managers to ignore segmenting dimensions.
E) None of these is true.
Correct Answer:
Verified
Q251: The first step in segmenting international markets
Q252: In the example for the seven-step approach
Q253: In the example for the seven-step approach
Q254: Clustering techniques applied to segmenting markets
A) usually
Q255: A cluster analysis of the "toothpaste market"
Q257: The 7-step approach to market segmentation used
Q258: Clustering techniques
A) help sellers fine-tune the marketing
Q259: The first step in the seven-step approach
Q260: In the seven-step approach to market segmentation
A)
Q261: Ford Motor Co. asks members of its
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents