Jerry has listed that his business appeals to people 50 years and above who are restructuring their finances for retirement plans.What has Jerry defined?

Question

Quizplus · Accepted Answer

Jerry has defined a specific group of consumers who share similar characteristics and needs, which is known as a market segment. This market segment is comprised of people who are 50 years and above and are focused on restructuring their finances for retirement plans. This is an example of a niche market, which is a subset of a larger market.

Jerry Has Listed That His Business Appeals to People 50