What is the first step in the STP process?
A) Selecting segmentation bases
B) Evaluating segment attractiveness
C) Defining mission statement
D) Establishing overall strategy
E) Selecting the target market
Correct Answer:
Verified
Q2: A chainsaw company markets its products only
Q3: A company that sells bags launches a
Q4: A sports goods manufacturing company has started
Q5: Geographic segmentation refers to the segmentation of
Q6: A lifestyle store deals with expensive and
Q8: Of the various methods for segmenting consumers,
Q9: A new startup company decided to target
Q10: Demographic segmentation refers to the segmentation of
Q11: A company makes packaged juices for the
Q12: An up-and-coming businessman buys a certain brand
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