"Where's the pain?" refers to ________,and "Where's the magic?" refers to ________.

A) geographic markets; customer demands
B) target segments; competitive advantages
C) economies of scope; economies of scale
D) core competencies; target markets

Competitive Advantages

Features or attributes that allow a company to outperform its competitors.

Economies of Scale

Companies gain financial benefits related to their operational size, experiencing a reduction in cost for each unit as their scale expands.

Geographic Markets

The classification of markets based on geographical boundaries, which can influence marketing strategies due to varying preferences, regulations, and economic conditions.