Asked by Dr.M

The most significant factor in determining whether to segment or combine markets is Blank______.
Multiple choice question.

economic trends

competition

profit

logistics
Answered by Dr.M
no, profit is right
Answered by GPT-4o mini
The most significant factor in determining whether to segment or combine markets is **competition**.

Competition influences market strategies, as businesses need to understand their competitors' positioning and market dynamics to effectively decide whether to target specific segments or combine them for broader appeal.