Asked by Boston Bragg on Apr 29, 2024
Verified
Automobile manufacturers could build cars specially designed for very tall people (for example, over seven feet), but it is likely that this segment is not substantial.
Automobile Manufacturers
Companies that specialize in creating and assembling motor vehicles, including cars, trucks, and motorcycles.
Segment
A portion or division of a larger whole, often referring to a distinct group within a market targeted by businesses.
- Apprehend the fundamental doctrines and methods used for segmenting markets.
- Grasp the concept of different market segmentation types, encompassing geographic, demographic, psychographic, and behavioral.
Verified Answer
MD
Mosetta DennisMay 02, 2024
Final Answer :
True
Explanation :
Very tall people make up a small segment of the population, so it is not cost-effective for automobile manufacturers to design and produce cars specifically for them.
Learning Objectives
- Apprehend the fundamental doctrines and methods used for segmenting markets.
- Grasp the concept of different market segmentation types, encompassing geographic, demographic, psychographic, and behavioral.
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