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JAMB Commerce 2017 Objective — Question 31

Question 31 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2017 Objective paper, with the correct answer and a full explanation.

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The breaking down of a market into separate and identifiable elements is known as

  • A. A. differentiation
  • B. B. segmentationCorrect
  • C. C. penetration
  • D. D. skimming

Explanation

Market segmentation is dividing a market into distinct groups of buyers with similar needs.

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