Which of the following statements is true of customer needs?
A) Satisfying customer needs is the first step in successful market segmentation.
B) All potential customers have the same needs.
C) Solving customer problems requires knowing the identity of target customers.
D) A business with a strong market orientation rarely divides its served market into customer segments.
E) The factors influencing the needs of both consumers and businesses are the same.
Correct Answer:
Verified
Q1: Both consumers and businesses have market needs,and
Q2: In order to implement a mass-personalization strategy,a
Q3: The benefit of needs-based market segmentation is
Q4: Which of the following is a lifestyle
Q5: Lifestyle forces that shape customer needs and
Q7: Common to most assessments of segment attractiveness
Q8: In customer relationship management,every interaction with a
Q9: The purpose of needs-based segmentation is to
Q10: The best way to identify groups of
Q11: Differences in values,attitudes,and interests are examples of
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