As a new employee with medium-sized business in Toronto focusing on home outfitting,you analyze each of the different business areas: flooring,lighting,and furniture separately to understand the profit margins in each area.Which tool did you likely use?
A)target marketing
B)business portfolio analysis
C)marketing strategic planning
D)market segmentation

Question

Quizplus · Accepted Answer

Business portfolio analysis is the tool used to analyze different business areas to understand the profit margins in each area. It helps in identifying areas that require more investment and areas that can be divested to improve profitability. Target marketing, marketing strategic planning, and market segmentation are tools used in marketing and not in analyzing profits in different business areas.

As a New Employee with Medium-Sized Business in Toronto Focusing