Which of the following correctly identifies why companies would use a market segmentation strategy?
Select one:
a. With limited resources, firms can better satisfy the wants and needs of a smaller target market.
b. This strategy enables a firm to identify common traits in different consumer groups.
c. They can avoid antitrust laws by selecting a small slice of a larger market.
d. Government regulations require firms to maintain accurate records to show that the firm has not discriminated against a market segment.