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What is the key factor that determines the profitability of targeting larger market segments?
  • a)
    Competitive advantage
  • b)
    Customer loyalty
  • c)
    Promotional budget
  • d)
    Number of competitors
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
What is the key factor that determines the profitability of targeting ...
The key factor that determines the profitability of targeting larger market segments is whether the firm can develop a competitive advantage. A competitive advantage can help the firm stand out in a larger market, leading to increased profitability.
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What is the key factor that determines the profitability of targeting larger market segments?a)Competitive advantageb)Customer loyaltyc)Promotional budgetd)Number of competitorsCorrect answer is option 'A'. Can you explain this answer?
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