Market segments are consumers or organizations that share similar wants, buying preferences, or product-use behavior.

Name: Market segments are consumers or organizations that share similar wants, buying preferences, or product-use behavior.
Brand: Quizplus
Rating: 4.7 (40 reviews)

Question

Quizplus · Accepted Answer

Market segments are groups of consumers or organizations with shared characteristics that influence their purchasing decisions, allowing businesses to target them more effectively.

Market Segments Are Consumers or Organizations That Share Similar Wants