Question

“Consumer is always a rational human being. Hence, economic basis for segmentation is the most appropriate method”. Do you agree? Explain with the help of suitable examples.

06 Aug 2026
Answer :
Word Count : 545
The statement that a consumer is always a rational human being and, therefore, economic basis for segmentation is the most appropriate method cannot be accepted completely. In marketing, consumers are not always rational decision-makers. Their purchasing behaviour is influenced by economic factors as well as psychological, social, cultural, personal and situational factors. Therefore, economic segmentation is important, but it cannot be considered the most appropriate method for every product or market. Economic segmentation divides consumers according to their income, purchasing power, occupation, economic status or spending capacity. It is particularly useful when the price of a product is closely related to the consumer's ability to purchase it. For example, ___ _________ _________ ______ ________ ___.
______ ______ ___ ___ _______ __________.
____ __________ ___ ___ ___ ____ ________ _________ ______ ______.
______ ______ ___ ________ ________ _________ _____ ___ __________ ___ ____.
___ _________ _________ ________ ________ _______ _______ _______ _________ ________ _________.
________ ___ ____ _______ ___ _____ _________ _________ ________ _________ ________.
________ _____ ________ _________ ____.
__________ _____ ___ _______ _________ ___ _________ ____ ______ _______ __________.
___ ____ ___ __________ _______ _____ _________ __________ _______ ___ _____.
______ ____ _______ _________ _______ ________ ___ ____ ___ ______.
__________ ___ _____ _______ ____ __________ ____ _______ __________.
__________ _________ __________ _____ ________ ______ __________ ____.
_____ _____ _____ ___ _____ _______ _________ _______ ________ ____ _______.
___ _____ ____ _____ _________.
____ ________ _____ _________ __________ _________ ___.
________ ____ ________ _________ _______ _____ _________ ______ _________ __________ ____.
____ _______ _________ _________ __________ _____ _________ ________ ______ _________ ________.
______ __________ _______ _________ _____ ___ ____ ___ ________ ________ ____ ___.
_________ __________ _______ _____ ___ _________ ___ _____.
______ ________ _______ _________ __________ ________ ________ _____ __________ _________ ______ _____.
_________ ___ ________ _________ __________ _____ __________ _________ _________ __________ _____.
_________ ______ ____ _________ _________ ____ _________ ___ ________.
_____ _______ _______ _______ __________ __________.
_______ __________ ______ _________ ___ ______ ____ ______.
_________ ________ __________ ________ _____ ____ ________ __________ _____ ___ _________.
______ _________ ____ ________ ___ _____ ____ ___.
____ __________ _________ __________ _______ _______ ______ ____ _______ ____ ______ ______.
___ ______ ____ _______ _______ ________ ________ ____ ___ ______.
_______ ______ ____ ___ _____ ________ _______ ____.
______ ___ _______ _____ ______ __________ ____.
_____ ______ _________ ________ ____ ____ ______.
________ ______ _______ _____ _____ ______ __________ ______.
_________ ________ _______ _____ ________ ______ ______.
___ _______ ___ _________ _____ _____ _____ ____ _____ ______.
___ _______ _______ _____ _________ ______ ______ _______ ___ _________.
______ ________ ______ ___ _____ ____ _____ __________ ____.
______ __________ _________ _______ ___ __________ ______ ________ _________ __________ ____.
_______ _____ ________ _________ __________ ___ ________ __________.
______ _________ ___ __________ ____ ______ ______ __________ __________ ____ __________ __________.
________ ______ __________ _________ _____ ________ __________ ___ _______ ________ _____.
___ _______ ____ __________ ____ ____ ______ _____ ______ __________ _________ _____.
___ _________ __________ __________ _______ ________ _____ ___ ____ _________ __________ _________.
____ ____ __________ ______ _______ ______ _________.
_____ ________ _________ _________ ______ __________ ___ ______.
_________ ___ __________ __________ ________ ________.
_____ ___ __________ _________ _____ ________ _____ ___ ________.
_______ ___ __________ _________ __________ _____.
_____ ___ _________ ___ _____ _____ ____.
Get Full Answer on WhatsApp
IGNOU NEWS
Assignment Submission Last Date Extended Till 30 June 2026 Click Here★★★IGNOU June 2026 TEE Date Sheet Released Click Here★★★
Top
📞
Call Support Instant phone assistance “Consumer is always a rational human being. Hence, economic basi
→
🟢
WhatsApp Chat Fast live messaging
→
Email Us Business enquiries & support
→