APICS Certified Supply Chain Professional (CSCP) — Question 223
Market segmentation is useful for:
Answer options
- A. identifying homogeneous customers.
- B. defining a unique supply chain model for a company.
- C. understanding and meeting the needs of customers.
- D. focusing on the needs of specific customers.
Correct answer: C
Explanation
The correct answer is C because market segmentation helps businesses to comprehend and fulfill the specific needs of different customer groups. Options A and D are related but do not capture the broader understanding of customer needs, while option B pertains to supply chain management and is not directly relevant to market segmentation.