1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Zepler [3.9K]
3 years ago
15

Market segmentation is

Business
1 answer:
Juli2301 [7.4K]3 years ago
6 0

Answer: Option (a) is correct.

Explanation:

Correct Option: Breaking down a large, heterogeneous market into sub markets that are more homogeneous.

Market segmentation is a process or procedure for dividing a large consumer market into sub markets or sub groups and this segmentation is on the basis of consumer's characteristics such as needs, location, interests.

It creates an advantage for the marketer because these market segments makes the job of marketers easier. It also reduce the risk of unsuccessful and unwanted marketer campaigns.

You might be interested in
Latesha Moore has a choice at work between a traditional health insurance plan that pays 80 percent of the cost of doctor visits
Lelu [443]

Answer:

Consider the following calculation and analysis

Explanation:

We will analyse from cost perspective, the alternative with lower cost should be selected.

Total no. of doctor visit = 12 monthly visit + 3 times special visit = 15

Cost = 50 * 15 = $750

Under Traditional health checkup plan

Cost of plan = $ 250 + (20% of doctor visiting charges) = 250 + 20% of 750 = $400

Under HMO

Premium = 20 * 12 months = $240

Co payment = 10 * 15 = 150

Total = $ 390

There is a saving of $10 in HMO, so she should opt for this option. Moreover, the benefit of HMO would be the payments are monthly in small installments ,rather than a big outflow as in the case of traditonal plan.

6 0
3 years ago
A last-mile delivery service is looking into increasing capacity by purchasing new delivery vans. Two vans are being considered.
Inessa05 [86]

Answer: a. The drone option should be chosen because it is the least expensive in terms of both fixed cost and variable cost.

b. A and 20000, B and 20000

Explanation:

a. From the information provided, the correct option is option B "The drone option should be chosen because it is the least expensive in terms of both fixed cost and variable cost".

This statement is wrong has the drone has the largest fixed cost and variable cost. It's fixed cost of $100,000 is more than that of $70,000 and $60,000 for others.

b. A and 20000, B and 20000

A is preferred at volumes below 20000 while B is preferred at volume above 20000.

8 0
3 years ago
Which statement is true about an original fashion and its knockoff? A. The knockoff will be more expensive than the original. B.
qaws [65]

Answer:

D. The knockoff may miss the finer fit and design details of the original.

Explanation:

Knockoffs are popular in the fashion industry of today. Why? Since most designer items are highly wanted, but unreachable and too expensive for the masses, some manufacturers opted to create <em>replicas</em> of those items.

These items are often made in mass production factories. This is why they often miss the artisan and fine touch of the original designer item.

6 0
2 years ago
Q 8.3: When would a credit card holder be entitled to lower interest charges? A : When the card company calculates finance charg
Yanka [14]

Answer: Option  C  

       

Explanation: The given question relates to the concept of time value of money which in simple words states that the value of money decreases over time. The value of a dollar today will be less than tomorrow.

Hence if a card holder gets grace period to pay the interest before the interest accrues than it means he actually gets to pay lower interest that he could have paid before.

Hence from the above we can conclude that the correct option is C.

5 0
3 years ago
MC Qu. 152 Adams Manufacturing allocates... Adams Manufacturing allocates overhead to production on the basis of direct labor co
MAXImum [283]

Answer:

$1.60 per direct labor hour

Explanation:

Overhead application rate = Budgeted Overheads ÷ Budgeted Activity

hence,

Overhead application rate  = $364,800 ÷ $228,000

                                             = $1.60 per direct labor hour

6 0
2 years ago
Other questions:
  • Described below are certain transactions of Sheridan Corporation. The company uses the periodic inventory system.
    8·1 answer
  • He should sell at a cheaper price on the website to attract more customers true or false?​
    5·1 answer
  • Effective controls relevant to the efficiency of purchases will result in proper evaluation of the time for ordering merchandise
    9·1 answer
  • What is the essential concept in understanding compound interest?
    15·1 answer
  • How to eat a burger at bobs grill respectfully
    5·2 answers
  • Interim financial statements: Multiple Choice Are required by the Congress. Are necessary to achieve full disclosure about a bus
    13·1 answer
  • New shoes are on SALE. You find a pair you like for $85 dollars. But you only have $45 with you. So, you pay $40 and
    13·1 answer
  • Buget Constraint. Suppose that Russ has budgeted $20 a month to by candy bars, music downloads, or some combination of both. If
    7·1 answer
  • When a seismic wave crosses a boundary, it will change directions in the process of
    15·2 answers
  • Which of the following would be an example of a WANT?
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!