What is the LAST step in market segmentation?
A. describing each group
B. selecting an attractive segment(s) to serve
C. identifying product-related need sets
D. grouping customers with similar need sets
E. deciding the segmenting scheme
Which of the following statements is true regarding ethnic subcultures?
A. European ethnic groups constitute a significant and growing part of the U.S.
population.
B. Hispanics are the largest population group in the South and urban areas in the
Northeast and Midwest.
C. The influence of one’s ethnic heritage on behavior is not influenced by situational
factors.
D. All subcultures are very diverse, and general descriptions do not apply to all of the
members.
E. Ethnicity is the only factor that influences an individual’s behavior.