It has been Shelly's dream to open a bakery, and while she has experience in making all types of baked goods, she always gets rave reviews for her hand-decorated cupcakes. So, rather than open a bakery that offers a wide variety of baked goods, Shelly has decided to open a specialty cupcake shop to cater to that market only. This is an example

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Answer 1

When Shelly decides to open a specialty cupcake shop to serve just that market, this sets up an example of market segmentation.

What is market segmentation?

A process of dividing potential customers in a market into groups based on common characteristics, such as preferences, habits, and needs.

Therefore, through market segmentation, an organization is able to align its strategy by offering products and services more focused on consumer desires, increasing its value and positioning in the market.

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Related Questions

When Denisha sells the jewelry she makes at craft fairs or on her personal website, she is utilizing a(n) ________ marketing channel.

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It should be noted that Denisha was utilizing Direct marketing channel when sells the jewelry she makes at craft fairs or on her personal website.

What is Direct marketing channel?

Direct marketing channel serves as utilization of  a number of channels to reach prospects and customers about one's goods and service so as to market them.

Direct marketing channel includes;

face-to-face selling direct-mail catalogue marketing

Therefore, Direct marketing channel could be face to face marketing.

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Why might it be disadvantageous to receive a large refund instead of a smaller one?.

Answers

It will be a disadvantage to receive a large refund instead of a smaller one because its look like the taxpayer loaned the U.S. government their money without making interest.

What is a large tax refund?

A large tax refund is received because a taxpayer had more tax withheld from his/her paychecks all year than was necessary to cover what you owe.

What is a small tax refund?

A small tax refund usually occur because the taxpayer have overpaid only by a little amount.

In conclusion, it will be a disadvantage to receive a large refund instead of a smaller one because its look like the taxpayer loaned the U.S. government their money without making interest.

Read more about tax refund

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100 points. The owner of this credit account needs to make a $5,000 medical payment and doesn't have enough in his or her other accounts. Describe at least one option available to the owner.
Line of credit : $3,000.
Available credit: $2246,63

Answers

Answer:

transfre the money

Explanation:

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