Mega Mining and Smelting Co.segments its foreign markets by their overall level of economic development.This firm segments on what basis?
A) Political factors
B) Economic factors
C) Geographic factors
D) Legal factors
E) Cultural factors

Question

Mega Mining and Smelting Co.segments its foreign markets by their overall level of economic development.This firm segments on what basis?
A)	Political factors
B)	Economic factors
C)	Geographic factors
D)	Legal factors
E)	Cultural factors

Quizplus · Accepted Answer

The firm segments its foreign markets based on their overall level of economic development, which directly relates to economic factors. This segmentation approach allows the company to tailor its strategies according to the economic conditions of each market.