The relatively homogenous groups of prospective buyers that have common needs and will respond similarly to a marketing action is referred to as a(n) ________.

A. customer base
B. market segment
C. target market
D. ultimate consumer
E. preferred customer


Answer: B

Business

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Indicate whether the statement is true or false

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Media outlets describe the topics they intend to cover during the coming year by

A) holding press conferences. B) publishing editorial calendars. C) creating special televised business-to-business campaigns. D) hiring celebrity spokespersons to make announcements at industry conventions. E) leaking information to a select handful of elite industry bloggers.

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What term is used to describe the process of building on past failures by braving new encounters?

a. expanding b. challenging c. securing d. exposing

Business

Conceptualize how a lagging brand (assume a grocery product) may be repositioned for new uses.

What will be an ideal response?

Business