Sectoring: meaning, definitions and examples
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sectoring
[ ˈsɛktɚɪŋ ]
business term
Sectoring refers to the practice of dividing a particular market, area, or system into distinct segments or sectors. This method is often used in business to identify and analyze specific key areas for strategic planning and resource allocation. By sectoring, organizations can better understand their target demographics, allocate resources efficiently, and develop tailored marketing strategies to appeal to specific groups. This technique is instrumental in sectors such as urban planning, telecommunications, and economics.
Synonyms
division, partitioning, segmentation.
Examples of usage
- The company focused on sectoring the market to enhance its marketing efforts.
- Sectoring helped the city planners to create more effective zoning regulations.
- In telecommunications, sectoring improves the efficiency of network coverage.
Translations
Translations of the word "sectoring" in other languages:
🇵🇹 setorização
🇮🇳 क्षेत्र विभाजन
🇩🇪 Sektorisierung
🇮🇩 sektorisasi
🇺🇦 секторизація
🇵🇱 sektoryzacja
🇯🇵 セクタリング
🇫🇷 secteurisation
🇪🇸 sectorización
🇹🇷 sektörleme
🇰🇷 섹터화
🇸🇦 تقسيم القطاعات
🇨🇿 sektorování
🇸🇰 sektorovanie
🇨🇳 分区
🇸🇮 sektoriranje
🇮🇸 sviðaskipting
🇰🇿 секторлау
🇬🇪 სექტორიზაცია
🇦🇿 sektorlaşdırma
🇲🇽 sectorización
Etymology
The term 'sectoring' derives from the word 'sector', which has Latin origins. The Latin term 'sectorem' meaning 'to cut' or 'to divide' evolved into the term 'sector' in Middle English, referring to a part or division of a larger entity. In business terminology, the concept became popular in the late 20th century as firms began applying analytical methods to market research and strategic planning. The increasing complexity of markets necessitated a more systematic approach to understanding consumer behavior and industry trends, further popularizing the term 'sectoring'. Over time, this term has evolved to encompass various fields, including economics, urban development, and technology.