Segments Were particularly Useful for Communications between Supply Chain And Marketing (Discuss how Else they might be Useful).
Answer (1)
Answer:Discussion: Usefulness of Segments in BusinessSegments are very useful for communications between supply chain and marketing because they help both sides focus on the right products, customers, and needs. But aside from that, segments can also be useful in many other ways.For example, segments help in product development. By knowing what different customer groups prefer, companies can design or improve products that fit their needs. Segments can also be useful in sales and customer service, since staff can adjust their approach depending on whether they are dealing with high-value clients, budget-conscious buyers, or first-time customers.Another use is in financial planning, because segments allow businesses to see which customer groups bring the most profit. This helps them decide where to invest more resources. Segments also support human resource management, since knowing customer needs can guide how employees are trained to provide better service.Overall, segments are not only helpful for supply chain and marketing, but also in decision-making across the company. They make operations more efficient, ensure resources are used wisely, and help the business serve customers more effectively.
