Assignment 1: Market Segmentation and Target MarketingSome organizations feel th

Assignment 1: Market Segmentation and Target MarketingSome organizations feel that their products or services appeal to everyone. This being so the organization may elect to not select specific target markets via the market segmentation process but instead consider every consumer part of their target market.Discuss the pitfalls of this approach in terms of the overall effectiveness of this type of strategy as well as in terms of seeking a return on marketing funds invested.Be sure to provide supporting evidence for your statements.By Saturday May 4 2013 submit your response to the appropriate Discussion Area. Use the same Discussion Area to comment on your classmates submissions until Wednesday May 8 2013.