Variables such as location, the North American Industry Classification System (NAICS) code, and number of employees are all examples of ways to
A)differentiate products.
B)forecast sales to a consumer market.
C)segment an organizational market.
D)promote NAFTA.
E)segment a consumer market.

Question

Quizplus · Accepted Answer

Location, NAICS code, and number of employees are all factors that are commonly used to segment an organizational market. By dividing potential customers into specific groups based on these variables, companies can tailor their marketing strategies and offerings to better meet the needs of each segment. This can lead to increased efficiency and effectiveness in reaching and serving customers, resulting in improved sales and profits for the company.

Variables Such as Location, the North American Industry Classification System