What is the term used to describe the ways consumers may be grouped based on differences in their purchasing behaviors?   Question 4 options:   1)  Core customer identification   2)  Market segmentation   3)  Purchase group focus   4)  Consumer analysis

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Purchase Process

Purchasing refers to the act of procurement of products or services from a market of resources. The procedures used to accomplish the acquisition of the requisite resources are referred to as the purchasing process. Consumer behavior, customer strategy, product pricing, consumer necessity, and other variables are various parts of the process.