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Which of the following is a primary reason businesses segment markets by gender, age, location and income?

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MCQ

Type

practice

Style

Topic

Segmentation

Exam-style question

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Which of the following is a primary reason businesses segment markets by gender, age, location and income?.

  1. A.To reduce marketing costs by targeting a single group
  2. B.To tailor products and marketing to specific needs and preferences
  3. C.To comply with legal regulations
  4. D.To increase the number of competitors

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