Marketers often use the term ________ to cover various groupings of customers.
A. People
B. Buying power
C. Demographic segment
D. Market
Answer: Option D
Solution(By Examveda Team)
Marketers often use the term market to cover various groupings of customers. The term market refers to the group of consumers or organizations that is interested in the product, has the resources to purchase the product, and is permitted by law and other regulations to acquire the product.Related Questions on Marketing
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A. Independence, intangibility, inventory, and inception
B. Independence, increase, inventory, and intangibility
C. Intangibility, inconsistency, inseparability, and inventory
D. Intangibility, independence, inseparability, and inventory
A. Learning
B. Role selection
C. Perception
D. Motivation
While buying milk which kind of behavior is displayed by a person?
A. Extensive problem solving behavior
B. Routinized buying behavior
C. Variety seeking behavior
D. None of the above
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