... Marketing Plan Bloom's: Knowledge KEYWORDS: 27 Geographic bases for segmenting consumer markets are based on a consumer' s physical location a True b False ANSWER: POINTS: True Moderate DIFFICULTY: ... the process of dividing the large and diverse market into subsets of consumer who share common needs, characteristics, or behaviors a Market segmentation b Market aggregation c Branding d Advertising ... process of dividing the large and diverse mass market into subsets of consumers who share common needs, characteristics, or behaviors, and then targeting one or more of those segments with a distinct...