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ella [17]
4 years ago
5

_______ has been defined as the process of identifying consumers with similar attributes who are likely to exhibit a similar buy

ing behavior. Group of answer choices Global market segmentation Globalization Demographics Positioning
Business
1 answer:
Hoochie [10]4 years ago
8 0

Global market segmentation has been defined as the process of identifying consumers with similar attributes who are likely to exhibit a similar buying behavior.

<h3><u>Explanation:</u></h3>

The process involved in the identification of a particular segment of customers to sell the products refers to the Global Market Segmentation. Those customers of the groups that has the nature of similar behavior in buying of certain products will be grouped together under this process.

The people in the identified group will have the same purchasing behavior. Thus, when the customers of similar buying behaviors are grouped then the targeting process of the business will become easier. Fir example if you are manufacturing chocolates then it will be easier to target on;ly children and the adults.

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A group of 10 people have the following annual incomes:_______.
nordsb [41]

Answer:

The answer to this question can be defined as follows:

Explanation:

The very first useful step is to specify homeowners as decreased to increases in revenues. Its bottom quintile will be the lower two homeowners, its second quintile it's third and fourth, and so on to its top quintile, like a total number of homeowners exists.

  • In the quintiles as well as the percentage of the total revenue and for information compiled. Throughout contrast of 2005, its peak quintile is the US earnings allocation.  
  • Its example would be lower than for the allocation in the U.S. as well as the bottom quintile will have a greater proportion of total income. Throughout this model, its distribution of income from this example is generally higher than the US allocation.

7 0
4 years ago
Which of the following statements about budgeting is not ​true? A. Budgets promote communication and coordination between depart
Svetach [21]

Answer:

B

Explanation:

Budgeting does not necessarily be prepared by the top management. But it is important they will know the budget in order for them to properly make wise decision for the betterment of the company that plays a vital role in attaining their organizational goal.

7 0
4 years ago
Pam runs a mail-order business for gym equipment. Annual demand for TricoFlexers is 14,000. The annual holding cost per unit is
AleksAgata [21]

Answer:

a)

economic order quantity (EOQ) = √(2SD/H)

  • S = order cost = 65
  • D = annual demand = 14,000
  • H = holding cost = 3.75

EOQ = √[2 x 65 x 14,000) / 3.75] = 696.66 ≈ 697 units

b)

if demand increases to 28,000, then:

EOQ = √[2 x 65 x 28,000) / 3.75] = 985.22 ≈ 985 units

4 0
3 years ago
Leisure Enterprise’s total cost of producing speedboats is given by TC = 10 Q 3 – 4 Q 2 + 25 Q + 500. On the basis of this infor
Anastasy [175]

Answer:

The marginal cost of producing the 25th speedboat is 18,575.

Explanation:

Note that the given Leisure Enterprise’s total cost (TC) of producing speedboats is correctly stated as follows:

TC = 10Q^3 - 4Q^2 + 25^Q + 500 …….………….. (1)

Where Q represents the quantity of speedboats produced.

To obtain the marginal cost (MC) of producing speedboats, equation (1) is differentiated with respect to Q as follows:

MC = dTC/dQ = 30Q^2 - 8Q + 25 ………………… (2)

Finding the marginal cost (MC) of producing the 25th speedboat implies that Q = 25.

Substituting Q = 25 into equation (2), we have:

MC = (30 * 25^2) - (8 * 25) + 25 = 18,575

Therefore, the marginal cost of producing the 25th speedboat is 18,575.

4 0
3 years ago
Factors that have contributed to the increase in women's labor-force participation rate in the U.S. include the following, excep
kondaur [170]

Answer:

0. an increase in the number of children, requiring mothers to find work along with fathers.

Explanation:

All the factors  like access to wider range of jobs, better education and rising wage earnings has resulted in increased participation rate  of women in labor force.

Increase in number of children results in reduced participation rate in labor force. It requires women to spend more time in caring and nurturing of children.  

5 0
3 years ago
Read 2 more answers
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