In relation to market segmentation, few business organisations have the resources to operate in all countries around the world.

Question

Quizplus · Accepted Answer

It is true that few business organisations have the resources to operate in all countries around the world, hence they need to segment their market and focus on specific countries or regions. This allows them to tailor their marketing strategies and offerings to the unique needs and characteristics of each market segment.

In Relation to Market Segmentation, Few Business Organisations Have the Resources