AND DEVELOPMENT: KEY CONCEPTS AND
STRATEGIES WITH VERIFIED QUESTIONS AND
ANSWERS [ GRADED A+]
What is market segmentation? - ✔✔Dividing a market into distinct groups of
buyers with different needs, characteristics, or behaviors.
What does MECE mean in segmentation? - ✔✔Mutually Exclusive and
Collectively Exhaustive.
What is MASDA? - ✔✔Criteria for effective segmentation: Measurable,
Accessible, Substantial, Differentiable, Actionable.
©morren 2025/2026. Year published 2026.
, What is geographic segmentation? - ✔✔Segmenting by location (country,
region, city, climate).
What is demographic segmentation? - ✔✔Segmenting by age, income, gender,
education, family size.
What is psychographic segmentation? - ✔✔Segmenting by lifestyle, values,
personality.
What is behavioral segmentation? - ✔✔Segmenting by usage rate, loyalty,
benefits sought, occasions.
What is targeting? - ✔✔Selecting which market segment(s) to serve.
What is undifferentiated (mass) marketing? - ✔✔One marketing mix for the
entire market.
©morren 2025/2026. Year published 2026.