25\nmultiple choice 1 point\none method that marketers use to better understand a market is…

25\nmultiple choice 1 point\none method that marketers use to better understand a market is _.\nsegmentation\nspecialization\nregionalization\ndeduction\n26\nmultiple choice 1 point\nafter all mitigating factors are eliminated, what is the term for the consumers who remain to cultivate?\neffective market\narea of dominant influence\nmass market\ncustomer base
Answer
Brief Explanations:
Market segmentation divides a market into distinct groups. Specialization is about focusing on a specific area. Regionalization is about regions. Deduction is a logical process. The first question is about a marketing method to understand the market - segmentation fits. For the second question: an effective market is after eliminating mitigating factors. Area of dominant influence is a geographic concept. Mass market is a large undifferentiated market. Customer base is existing customers.
Answer:
- segmentation
- effective market