Subject Title: Quality Service Management in Tourism and Hospitality Topic: Market and Market Segmentation Remember to check the following when done writing your answers: TENSE: Use the correct tense. PUNCTUATION: Do not forget to use period to end your thought in a sentence. SPELLING AND RIGHT WORDS: There is no harm in checking the dictionary for the right spelling (ex. there, their). INSTRUCTION: 1. What is meant by the term market? 2. What is meant by the term market segmentation? 3. What are the different ways to segment a market? 4. What is the purpose of segmenting the market? Please explain your answer. 5. What form of segmentation would be most important for a five star hotel like Raffles Hotel? Explain your answer.

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
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Subject Title: Quality Service Management in Tourism and Hospitality

Topic:

Market and Market Segmentation

Remember to check the following when done writing your answers:

TENSE: Use the correct tense.

PUNCTUATION: Do not forget to use period to end your thought in a sentence.

SPELLING AND RIGHT WORDS: There is no harm in checking the dictionary for the right spelling (ex. there, their).

INSTRUCTION:

1. What is meant by the term market?

2. What is meant by the term market segmentation?

3. What are the different ways to segment a market?

4. What is the purpose of segmenting the market? Please explain your answer.

5. What form of segmentation would be most important for a five star hotel like Raffles Hotel? Explain your answer.

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