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Market Segmentation, Targeting and...
True--False Questions

1 .       A target market consists of a set of buyers with different needs and characteristics. [Hint]

 
 


2 .       There are four characteristics that market segments are usually judged by to determine their effectiveness to the marketing organisation. [Hint]

 
 


3 .       Age can often be a poor predictor of a person's life-cycle, health, work or family status, and buying power. [Hint]

 
 


4 .       Marketers find little reason to focus on lower-income customers in most geographic markets. [Hint]

 
 


5 .       Car manufacturers are not interested in gender segmentation. [Hint]

 
 


6 .       Customers, not marketers, define a product's position. [Hint]

 
 


7 .       Undifferentiated marketing is becoming an increasingly accepted practice. [Hint]

 
 


8 .       Consumer and business marketers use many of the same variables to segment their markets. [Hint]

 
 


9 .       Many marketers believe that behavioural segmentation variables are the best starting point for building market segments. [Hint]

 
 


10 .       Permission marketing is the process of gaining market acceptance for a product in a small geographic area before launching the product into wider regional and capital cities. [Hint]

 
 


11 .       A concentrated market coverage strategy is especially appealing when company resources are plentiful. [Hint]

 
 


12 .       Coca Cola has a variety of products in its portfolio including diet drinks, water, sports drinks and energy drinks. As such Coca Cola is following a differentiated market coverage strategy. [Hint]

 
 






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