What is the most strategic use of customer segmentation in entrepreneurship?
Answer and explanation
Correct answer: Deciding product price and communication according to different needs
Customer segmentation helps targeted service and proper marketing. In exams, identify different customer needs.
Frequently asked questions
What is the correct answer to this question?
Deciding product price and communication according to different needs
Why is this the correct answer?
Customer segmentation helps targeted service and proper marketing. In exams, identify different customer needs.
Which subject and chapter does this question cover?
This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Entrepreneurship: definition and characteristics.