Supply Chain Management

Category - Market Segments

Segmentation can be seen as being derived from an underlying ___________
  1. Social rationale
  2. Economic rationale
  3. Physiological rationale
  4. Psychological rationale
Explanation
Answer: B - Segmentation can be seen as being derived from an underlying economic rationale, which is based around price elasticities from a micro perspective or, from a macro perspective, using the concept of industry groups to discuss how increasing levels of sophistication can be achieved in the segmentation of industrial markets as more variables are introduced.
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