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AysviL [449]
4 years ago
12

There are 4 basic criteria for segmenting markets. Identify and explain each.

Social Studies
1 answer:
Serhud [2]4 years ago
6 0

Answer:

(1) A market segment must be substantial and have enough potential customers to be viable.

(2) A market segment must be identifiable and measurable.

(3) Members of a market segment must be accessible to marketing efforts.

(4) A market segment must respond to particular marketing efforts in a way that distinguishes it from other segments.  

Explanation:

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The widget industry has the following characteristics: over 600 producers with no one producer furnishing more than 0.5% of the
Ainat [17]

Answer:

Perfect competition

Explanation:

The widget market is best described as a perfectly competitive market. A perfectly competitive market is a type of market without restriction in entry and exit, it is characterized by many sellers of similar products and buyers and there is perfect information about the price of goods. In a perfectly competitive market, due to the free entry and exit, no single producer has an influence over the price of goods. In the long-run, in perfectly competitive market, there is no economic profit because more producers will enter the market if it is profitable thus bringing about competition which will cause average revenue to equal average cost in the long run.

4 0
4 years ago
Social Work is a practice-based profession which explores every aspect of human growth and development, from birth to death and
quester [9]

The social work profession promotes societal change, the solving of human relations problems, and promotes people's ability and aptitude for their well-being. Using theories of human behavior and social systems, social work intervenes where people interact with their environments. In this context, respect for human rights and social justice are fundamental to social work. The performance of the social worker is closely related to the need to solve social problems. In this context, Social Work tends to focus its intervention on people's problems within their environmental context, equating systemic and ecological interventions. This is because individuals are influenced by the strengths and weaknesses of everything that orbits around them: family, workplace, reference groups, among other values.

Social work has developed within the framework of humanitarian and democratic ideals, based on respect for the equality, oneness and dignity of the human person. Its intervention consists, above all, in the development of individual, collective and social capacities at the cognitive, relational and organizational levels, facing the individual under different systems.

5 0
3 years ago
How to improve interprofessional communication in the workplace?
Eva8 [605]
  • Routine, reliable, and secure forms of communication should be established. The precise tools for communication may vary from practice to practice, but they should be planned thoughtfully. All team members should have a voice in establishing a communication system to ensure feasibility and increase buy-in.
  • Clinical practice is always busy. Communication systems should emphasize technology to facilitate interaction and improve team efficiency. Timely communication of important health data can avoid injuries and prevent severe consequences.
  • Communication should include patients and caregivers, and these conversations should avoid jargon to provide clear information.
  • There is a long history of hierarchy on the healthcare team. Interprofessional communication should emphasize good listening skills and mutual respect for all team members. All team members should have the opportunity to contribute.
  • In that vein, team members should feel comfortable providing constructive feedback to one another. There should be a consistent emphasis on the importance of teamwork in patient-centered and community-focused care.
8 0
4 years ago
Factors that impede the attainment of economic efficiency in the public sector are called _________.a. market failuresb. externa
gladu [14]

<u>Answer:</u>

Government failures are the factors that impede the attainment of economic efficiency in the public sector.

<u>Explanation:</u>

  • The government is responsible for the implementation of schemes and policies for the betterment of it’s subjects. If the government fails in the implementation of these schemes which are mostly economic, it directly affects the economic efficiency of the nation.
  • Most schemes introduced by the government are in the public sector. If the public sector fails to give returns that are expected, it is termed as a government failure.
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4 years ago
Which president initially proposed the development of the EPA?
Irina-Kira [14]
Richard nixon  propsed the development of EPA


8 0
3 years ago
Read 2 more answers
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