A firm that uses ___________ segmentation divides a market into groups based on life stage, race, or profession. (Points : 3

Answers

Answer 1

Answer: They use Demographic segmentation

By doing Demographic segmentation, a company could target their consumers more accurately so they can develop a specific services or products that are suitable for each segment of the demographic

Related Questions

When interpreting data, a marketing manager should know that A) Quantitative survey responses are valid, but qualitative research may not be valid. B) Recognize that outliers are routinely wrong and should be ignored and discarded. C) Leave it to the technical specialists to draw the correct conclusions. D) Be satisfied with the sample used as long as it is large. E) Realize that statistical summaries from a sample may not be precise for the whole population.
Consumer tastes or preferences would be most likely to have an effect on A. elasticity. B. demand. C. the Law of Supply. D. supply.
Which of the following choices best describes why it is difficult to start a self improvement plan?a. Self improvement plans usually take too long to show results b. Self improvement plans almost never succeed and are a waste of time c. Self improvement plans require people to admit they need improvement d. Self improvement plans are too expensive for most people
On January 2, 2019, Kornis Corporation acquired equipment for $ 300 comma 000. The estimated life of the equipment is 5 years or 80 comma 000 hours. The estimated residual value is $ 40 comma 000. What is the balance in Accumulated Depreciation on December 31, 2019, if Kornis Corporation uses the doubleminusdecliningminusbalance method of depreciation?
What is the best way to put together a 4 plan? A. Develop the plan as a whole so that it's unified. B. Prepare the introduction and overview first so you have some direction. C. Concentrate on the section that you know most about. D. Give your full attention to each section, without distraction.

A study attempted to estimate the proportion of Florida residents who were willing to spend more tax dollars on protecting the Florida coastline from environmental disasters. Forty-two hundred Florida residents were surveyed.Which of the following is the population used in the study?a) all Florida residentsb) Florida residents willing to spend more tax dollars protecting the coastline from environmental disastersc) all Florida residents who lived along the coastlined) the 4200 Florida residents who were surveyed

Answers

Answer:

The correct answer is A

Explanation:

Study is conducted in order to estimate the proportion of the residents of the Florida, who were willing to spend the dollars on protecting the coastline from the disasters.

The population is defined as the group of individuals or people who are from a specific geographical area and occupies the same species, and those are the residents of the Florida, which counted to 4200, these residents were surveyed in order to conduct the study.

Answer:

The correct answer is A

Explanation: Study is conducted in order to estimate the proportion of the residents of the Florida, who were willing to spend the dollars on protecting the coastline from the disasters.

The population is defined as the group of individuals or people who are from a specific geographical area and occupies the same species, and those are the residents of the Florida, which counted to 4200, these residents were surveyed in order to conduct the study.

In a business plan, the legal form of organization would be discussed in the financial plan. general company description. executive summary. marketing plan.

Answers

The answer would be : General Company description

General company description will inform you what type of organization that company is, whether it's a Corporation, a Sole-Proprietorship , a firm , a non-profit Organization, a Limited-Liability corporation, etc

The return on investment (ROI) from education is typically the highest for:

Answers

If this question has the same set of choices like the previous ones, then the answer would be letter D. Someone with a 4-year (Bachelor’s) degree

here are the choices:
A.A high school graduate
B.A college applicant
C.Someone with a 2-year (Associate) degree
D.Someone with a 4-year (Bachelor’s) degree

which of the following is likely to cause a leftward shift in the aggregate supply curve, ceteris paribus?multiple choicean increase in consumer confidencea decrease in taxes for businessesan increase in the supply of skilled laboran increase in the cost of natural gas

Answers

An increase in the cost of natural gas is likely to cause a leftward shift in the aggregate supply curve, ceteris paribus. This is because an increase in the cost of natural gas will increase the cost of production for businesses, which will lead to higher prices and lower output. This will result in a decrease in the overall supply of goods and services in the economy. The other options listed - an increase in consumer confidence, a decrease in taxes for businesses, and an increase in the supply of skilled labor - are not likely to cause a leftward shift in the aggregate supply curve.

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Supporters of minimum wage state that it provides more money to people with _____.high-paying jobs
low-paying jobs
no jobs

Answers

The answer is low-paying jobs. Many people are employed in low-paying jobs right now. By setting a minimum wage, they would earn something decent to make ends meet in their everyday lives. Many of people are struggling because of the low salaries that they earn from whatever work they can get into.

Answer:

Low paying jobs.

Explanation:

Minimum wage simply is the minimum amount of money one can get paid, therefor, low-paying jobs is your answer, because minimum means lowest. However, the higher minimum wage is, the more employers must pay you. To accommodate minimum wage increases, employers are forced to raise prices, which makes everything cost more in general, which depreciates the value of your money. As a results, you may be getting paid more, but your expenses will increase proportionately if not disproportionately more, making this an inflated economy.

Rachel recently started a new gift shop in town. When she is deciding how to price the new products in her shop, she measures the value of her products against those of the other shops in her area. Rachel is most likely using a _______ pricing strategy .

Answers

Answer:

The correct word for the blank space is: competitive.

Explanation:

Pricing strategies are methods companies use at the moment of setting the prices of their products. The most common pricing strategies are:

Cost-plus pricing. Involves recognizing the production costs and adding a percentage of those costs which represents the profit of the firm.
Competitive pricing. Implies establishing the price of a product similar to what competitors in the market have set.
Value-based pricing. It requires setting the price of goods and services based on what consumers think the price should be.
Price skimming. Involves pricing a product high at first and changing the price according to market fluctuations.
Penetration pricing. Implies setting the price of a product low to wipe out competitors and raising it after they completely disappeared.

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How much money is this legitimately worth???

Ruff Wear expects sales of $560, $650, $670, and $610 for the months of May through August, respectively. The firm collects 20 percent of sales in the month of sale, 70 percent in the month following the month of sale, and 8 percent in the second month following the month of sale. The remaining 2 percent of sales is never collected. How much money does the firm expect to collect in the month of August?