Almost all cell phones sold in the united states are black or gray. almost all cell phones sold in europe are colorful, and very few black phones are sold. a cell phone manufacturer knowing this information could use segmentation when selling its phones internationally.

The correct word to fill in the blank will be "Market" to complete the word Market Segmentation.

Explanation:

Market Segmentation is the process of dividing a market potential users or consumers into groups or segments based on different characteristics or features.

lack of interest from state and local governments.

the act of deciding on matters of the economy. economic decision making is routinely conducted by finance ministers, economic advisors, heads of major central banks and business leaders and can have profound effects on a major economy.