Explain Market Segmentation

Answers

Answer 1

In marketing, market segmentation is the process of dividing a broad consumer or business market, normally consisting of existing and potential customers, into sub-groups of consumers based on some type of shared characteristics.

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Related Questions

True or False:
when determining the price elasticity ratio for a good, one should include the direction of change (ie. -5% is different than 5%).

Answers

the correct answer is true hope this helps!

Investors are often presented with risky investment opportunities. While high risk is typically avoided by
savvy investors, which of the following would the ideal risky investment offer? (1 point)
O higher returns and higher liquidity than other investments
O higher returns and lower liquidity than other investments
O
o
O
lower returns and lower liquidity than other investments
O lower returns and higher liquidity than other investments

Answers

The typical ideal risky investment offers a higher returns and lower liquidity than other investments

Risky investment are investment which has the property of being risky and usually take long period of time to start yielding higher return for the investors.

Example of Risky investment includes Options, Futures, Stocks Investments, Equity, and other Capital market instruments etc

The advantage of risky investment is that the yield on return are very higher than non-risky investment such as Money market

The disadvantage of the investment is that its offer lower liquidity, that is, the rate at which the investment can be converted back to cash is very slow.

Therefore, the Option B is correct because Risky investment offers higher returns and lower liquidity than other investments.

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Answer:

higher returns and higher liquidity than other investments

Explanation:

just took the test and got it correct

True or False: Promotional activities are not included in budgeting with other business expenses.

Answers

Answer:

im sorry but i dont know the answer i would help you

The answer is false

during the introduction stage sales are ______ and profit is ______.

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Product Life cycle Management has several stages. The stages determined the growth and low downs of product. During the introduction stage, sales are growing slow(low) and profit is minimal.

Market Introduction stage is often called the introduction stage that has a low growth rate of sales as the product is said to be recently brought into limelight and consumers may not know much about it.

Most times, firms do experience losses rather than profits during this stage. and so when product is new on the market and small or no profit is made due to high costs and low sales.

Conclusively, the stage gives a lot of opportunities such as low competition in the market.

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what are rfid tags used for​

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Answer:

RFID tags are a type of tracking system that uses radio frequency to search, identify, track, and communicate with items and people. Essentially, RFID tags are smart labels that can store a range of information from serial numbers, to a short description, and even pages of data.

Villanelle started her own business last year with the goal of turning a profit. However, after one year in business, Villanelle has not managed to
make any profit. What does this mean?
O A. Villanelle secured far too many customers in one year of business
OB. after all expenses were paid, Villanelle had massive financial gain
OC after all expenses were pald, Villanelle had no financial gain
OD. Villanelle was not able to meet the federal guidelines regarding growth in order to stay in business

Answers

Answer:

It is not D.

Explanation:

Villanelle was not able to meet the federal guidelines regarding growth in order to stay in business.

Answer:

C. after all expenses were paid, Villanelle had no financial gain

Explanation:

Right on Edmentum/Plato

What is a bank is it a capital liability or asset

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Answer:

I think that it's asset, but I'm not 100% sure on that one! sorry!!

What is a market economy?what are some disadvantages of living in a market economy? Explain

Answers

Answer:

A market economy is an economic system in which the decisions regarding investment, production and distribution are guided by the price signals created by the forces of supply and demand.

Disadvantages:

A tendency for an inequitable distribution of wealth, poorer work conditions, and environmental degradation.Since profit maximization is the biggest motivation for firms, they may try to reduce their costs unethically. Unemployment and Inequality.

The notation is Y = GNP = national income C = consumption I = private investment G = government spending X = exports M = imports T = taxes There is an intimate relationship between a country's BCA and how the country finances its domestic investment and pays for government expenditures. Given this, which of the following is a true statement? Multiple Choice All of the options If (S − I) < 0, it implies that a country's domestic savings is insufficient to finance domestic investment. If (T − G) < 0, it implies that a country's tax revenue is insufficient to finance government spending. When BCA is negative, it implies that government budget deficits and/or part of domestic investment are being finance with foreign-controlled capital.

Answers

The true statement is D. When BCA is negative, it implies that government budget deficits and/or part of domestic investment are being financed with foreign-controlled capital.

The above statement is based on the intimate relationship between a country's Balance of the Current Account (BCA) and how the country finances its domestic investments and pays for government expenditure.

Explanation:

National income = Y = GNP

Consumption = C

Private Investment = I

Government spending = G

Exports = X

Imports = M

Taxes = T

Therefore, the BCA = X-M = (S-1) + (T – G)

Where BCA = Balance of Current Account

Thus, the Balance of the Current Account (BCA) should be positive to avoid deficit-financing of government budgets.

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Task 2: Organizational Structures and Managerial Skills

In this activity, you will understand the role of organizational hierarchy and management skills by completing the following tasks:

Conduct online research and explore common organizational structures in any industry of your choice.

Discuss the different qualities and skills that managers working in such an industry should possess.

Answers

Answer:

Sample Answer

Explanation:

Common organizational structures in the magazine industry consist of a chief and managers in charge of different departments. For example, in the editorial department, there is an Editor-in-Chief who is charge of the Managing Editor, Executive Editor, and the Creative Director. Each editor or director has a department they are in charge and have to keep in check. The Managing Editor may put a Copy Chief in charge, but that doesn’t take away the authority of the Managing Editor. Different qualities and skills that managers working in the magazine industry should possess are innovation, excellent writing skills, good research skills, strong interpersonal skills, IT skills, and familiarity with commonly used software, such as HTML, Photoshop, Java, QuarkXPress and InDesign

The hospitality industry typically employs various organizational structures including functional, divisional, and matrix structures.

What are the common organizational structures in the hospitality industry?

In functional structures, departments are divided based on specific functions like marketing, operations, and finance. Divisional structures organize the company into distinct units based on products or geographical regions but matrix structures combine functional and divisional structures to foster collaboration across different departments.

Managers in the hospitality industry should possess a diverse range of qualities and skills to succeed in this fast-paced and customer-centric sector. A strong leadership skills are essential to motivate and guide their teams effectively and exceptional communication skills enable managers to liaise with staff, guests, and stakeholders proficiently.

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At the beginning of the year, Jobs Co. owned one piece of office equipment, a copier. The copier was purchased two years ago for $12,000. At the beginning of the year, the balance in accumulated depreciation was $4,000. Jobs uses straight-line depreciation of $2,000 per year with a zero salvage value. How much is accumulated depreciation at the end of the year

Answers

Answer:

$6,000 is accumulated depreciation at the end of the year.

Answer:

Your answer would be $6,000

Explanation:

Because at the beginning it was $4000 and then every year it added $2000

so the at the end of the year it would be $6000

the shape of the product life cycle for the natural and organic confectionary product category indicates a short introductory stage, relatively quick growth stage, and a projected lengthy maturity stage. given this information, justin’s knows it must lock in distribution quickly since competitors will likely be following quickly. what type of products are natural and organic confectionaries?

Answers

Answer:

low-learning products

During your second year of internship, a client reveals that he is thinking of proposing. You have worked with this client for a year and agree he is ready. However, which of the following would be a good suggestion?


starting family counseling

starting premarital counseling

starting to stop counseling

starting individual counseling

Answers

As a therapist undergoing internship, when a client is about to propose, then, a premarital counseling should be started.

Premarital counseling is a counseling organized for intending couples. The intending couples undergo counseling session in order to be aware of what awaits them in marriage.

It also helps intending couples know the kind of topics to discuss during their courtship ranging from financing the home, method of resolving conflicts, number of children and so many other important topics.

Therefore, as a therapist, you should suggest premarital counseling for such client having it in mind to propose.

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Drag the tiles to the correct boxes to complete the pairs.
Project manager Derek has identified some challenges in IS Implementation. Match the challenge with the result of each challenge.
end user resistance
project completion constraints
quality issues
lack of documentation
decreases efficiency in organizations
causes difficulty in implementing is
leads to rework at the implementation stage
Increases project scope and leads to delays in projects
dmentum. All rights reserved.

Answers

The challenge matched with its results are given as follows:

end user resistance - decreases efficiency in organizationsproject completion constraints - leads to rework at the implementation stagequality issues -  causes difficulty in implementing ISlack of documentation -  increases project scope and leads to delays in projects.

What is end-user resistance?

End-user resistance is a multifaceted phenomenon. It can take many forms, including sabotage of computer equipment, staff absences or tardiness, "badmouthing" of systems, not using the systems, or continuing to use the old system.

In other words, user resistance is described as an individual's behavioral behaviors expressing aversion to a circumstance seen as unfavorable, threatening, or stressful. A tiered model of information technology implementation resistance.

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which option has had the least impact on international business?

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Do you have multiple choice question with this question or not?

3. What are three purchasing activities in businesses?

Answers

mark me brainiest


Personal Purchases.
Mercantile Purchasing.
Industrial Purchasing.
Institutionalized or government purchasing.

If a term in a contract is ambiguous, the court will consider the parties'
A. acceptance
B. intent
C. offer
D. consideration​

Answers

Answer:

intent

Explanation:

do you believe thicker/ Williams violated copyright law with "blurred lines" why or why not​

Answers

Answer:

why not

Explanation:

why not yes of course nA

for a company making advanced technology, with highly specialized components, a customer divisional structure would be more effective than a modular structure. true or false?

Answers

The modular structure would be more effective for a company making technology with specialized components (false option)

Business modular structure is a term that refers to a type of structure in which a company is subdivided into specialized small units in some particular aspect of the production process.

This type of structuring is the best option for a company that makes specialized technological objects because each subdivision of the company can focus on different processes with greater specificity.

On the other hand, this structure allows the company to constantly improve itself because a major restructuring is not required when a failure is detected but can be quickly amended in the subdivision that presents problems.

Additionally, customer divisional structure is not the best option for this company because it is not necessary to segment the target audience since its products are highly specialized and are already aimed at a specific market segment.

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a document certifying ownership of part of a corporation is a

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Answer:

a document certifying ownership of part of a corporation is a stock certificate

how to stop inventory from opening when turning in items ff14

Answers

Who knows bro I don’t I don’t bro tehe I just cried a zebra and zero tehe

Which skills does Joseph demonstrate in this example? Joseph works as a school superintendent. He has realized that technological innovations are constantly changing the landscape of the education industry. He thus reads many books, magazines, articles, and blogs on the Internet to keep himself updated about such developments. As per this example, Joseph seems to possess good skills

Answers

he’s a good researcher, reader, hard worker.

the principles of scientific management was written by

Answers

Answer:

Frederick Winslow Taylor

The principles of scientific management were written by Frederick Winslow Taylor.

Who wrote The principles of scientific management?

In 1909, Taylor published "The principles of scientific management." on this, he proposed that by using optimizing and simplifying jobs, productivity could boom. He also superior the idea that people and managers needed to cooperate with each other.

Human performance engineer Frederick Taylor changed into one of the first human beings to look at management and has been called the father of scientific management. He performed time-movement studies to research the most efficient manner of doing a job after which trained employees in one's procedures.

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dallas buys strawberries, and he would be willing to pay more than he now pays. suppose that dallas has a change in his tastes such that he values strawberries more than before. if the market price is the same as before, then:

Answers

Answer:

the correct answer is b. Dallas's consumer surplus would increase

Explanation:

Dallas buys strawberries, and he would be willing to pay more than he now pays. He has a change in his tastes such that he values strawberries more than before. If the market price is the same as before, then Dallas's consumer surplus would increase.

plz help 25 points!!!

Answers

Answer:

I thinks its b

Explanation:

the group of consumers to whom a product is marketed is the

Answers

Answer:

A target market is a group of customers with shared demographics who have been identified as the most likely buyers of a company's product or service.

painting expenses is debit or credit​

Answers

Answer:

Debit

Explanation:

If its not a house or a big invesment into a buisness it is debit

Credit
Bc painting expenses need credit

which of these is a criterion used to select a target market segment?

Answers

Answer:

the first one by the website

Explanation:

the websites name is the eustions name

Expected growth of a segment of these is a criterion used to select a target market segment. Thus, option (e) is correct.

What is segmentation?

Segmentation is the process of target market into groupings of potentiality customers choices and the needs. There are the different parts such as psychographic, geographic segmentation, demographic, and behavior.

The segmentation of the target market are the target this consumer was the related to the particular product and the services. The target market segment size of the population,  expected growth of a segment, competitive position in the market, cost to reach, and characteristic.

As a result, the significance of the segmentation are the aforementioned. Therefore, option (e) is correct.

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Your question is incomplete, but most probably the full question was.

similarity of needs of potential buyers within a segmentmeasurements of customer perceptionsdifference of needs of buyers among segmentspotential of a marketing action to reach a segmentexpected growth of a segment

Which of the following is NOT a type of memo?

Field report memo

Response memo

Fact check memo

Directive memo

Answers

Answer:

the answer is fact check memo

A fact-check memo is NOT a memo. Thus, option (C) is correct.

What are facts?

A fact is a piece of information concerning one or more parts of a situation that, if accepted as true and proven true, allows for a logical conclusion based on a true/false evaluation. To check information, standard reference works are frequently employed. Repeatable meticulous observation or measurement by experiments or other ways is used to verify scientific facts.

Fact-checking is the practice of verifying factual information in order to promote the veracity and accuracy of reporting. [verification failed] Before (ante hoc) or after (post hoc) the content is published or otherwise disseminated, fact-checking might be performed. Internal fact-checking is done in-house by the publisher; external fact-checking is done when a third party reviews the text.

Therefore, Thus, option (C) is correct.

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the efficient markets hypothesis says that beating the market consistently is

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Answer:

https://brainly.com/question/25152897?answeringSource=feedPublic%2FhomePage%2F1#:~:text=High%20School-,The%20efficient%20markets%20hypothesis%20says%20that%20beating%20the%20market%20consistently%20is,-ADD%20ANSWER

Explanation:

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Since most of them lived nearby, the school allowed them to go home before the storm hit. The students' cheers and whistles could be heard over the thunder and whirring winds that whipped through the schoolyard. August, for just one second, watched them all cheer in glee and wanted so much to join them, but instead, she began running. As August ran home, she could feel every step in her lungs. It felt like a hundred little lightning bolts shooting down her mouth and into her chest. She wanted to stop. She wanted to catch her breath. She even wanted to turn around to see if the clouds were chasing her down, but all she could think about was her family and her dog Mutton. She wanted to get to them desperately and hoped to see an abandoned house with all of them in the cellar in the backyard. Behind her, the wind whipped up every bit of gravel and dust into the air. The dust and debris filled the air and clouded the air like cream being stirred into a cup of black coffee. 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Which words best describe the mood of the story?A. unpleasant and angryB. relieved and relaxedC. happy and excitedD. anxious and fearful How do you evaluate -98 - 13 Alycia tried to prove that \triangle OPQ\cong \triangle STROPQSTRtriangle, O, P, Q, \cong, triangle, S, T, R. Statement Reason 1 OP=ST=4OP=ST=4O, P, equals, S, T, equals, 4 Given 2 \overleftrightarrow{OP}\parallel\overleftrightarrow{ST} OP ST O, P, with, \overleftrightarrow, on top, \parallel, S, T, with, \overleftrightarrow, on top Given 3 \angle O\cong\angle SOSangle, O, \cong, angle, S When a transversal crosses parallel lines, alternate interior angles are congruent. 4 \triangle OPQ\cong \triangle STROPQSTRtriangle, O, P, Q, \cong, triangle, S, T, R Side-angle congruence What is the first error Alycia made in her proof? Choose 1 answer: Choose 1 answer: (Choice A) A Alycia used an invalid reason to justify the congruence of a pair of sides or angles. (Choice B) B Alycia only established some of the necessary conditions for a congruence criterion. (Choice C) C Alycia established all necessary conditions, but then used an inappropriate congruence criterion. (Choice D) D Alycia used a criterion that does not guarantee congruence.