Author Question: Procedurally, business market segmentation involves categorizing actual or potential buying ... (Read 66 times)

sjones

  • Hero Member
  • *****
  • Posts: 520
Procedurally, business market segmentation involves categorizing actual or potential buying organizations into mutually exclusive clusters (segments) which each exhibit a relatively homogeneous response to marketing strategy variables.
 
 Indicate whether the statement is true or false

Question 2

Apex Manufacturing has developed an ingenious twist on a widely available home cleaning product. Management
  wishes to test market the new product, but they are hesitant to do so because other manufacturers of home cleaning
  products could easily duplicate Apex's modification. Which type of test marketing would you recommend to Apex?
 a. Controlled test marketing
  b. Standard test marketing
  c. Forced-distribution test marketing
  d. Simulated test marketing
  e. Electronic test marketing



mtmmmmmk

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

true

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

For a complete list of videos, visit our video library