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MatroZZZ [7]
4 years ago
14

Market segmentation involves aggregating prospective buyers into groups that __________ and will respond similarly to a marketin

g action.
Business
1 answer:
madreJ [45]4 years ago
7 0

Answer:

<u>have common needs</u>

Explanation:

Marketing Segmentation refers to dividing or segregating markets into different segments based upon different traits. All prospective buyers classified into a particular segment, share common needs and buying preferences.

Marketing Segmentation can be done geographically, demographically, Psychographic or Behavioral basis.

Geographic relates to location, demographic relates to age composition or gender, psychographic relates to buyer psychology and perceptions, behavioral relates to behavior of buyers and their respective traits.

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The majority of problems Best Buy was facing have been brought about by _________________force.
babunello [35]

Answer:

External forces

Explanation:

Best buy is an electronics retailer that aspires to improve customer's lives through technology. They have over 175+ store locations.

However they have been facing challenges in the market with other playera like Circuit City, CompUSA and RadioShack not surviving.

The challenges faced by Best Buy is mostly as a result of external forces in the form of competition with Walmart and Amazon. Resulting in the loss of their share value.

Walmart and Amazon have been able to capture a large part of the electronics market.

Other problems like leadership scandals and inefficient processes also contributed to their problems.

4 0
3 years ago
AP Kelly Jones and Tami Crawford borrowed $15,000 on a 7-month, 8% note from Gem State Bank to open their business, JC's Coffee
Gnom [1K]

Answer:JC Coffee house journal$

Date

a. June 1 2022

Bank Dr. 15,000

Gem state bank Cr. 15,000

Narration. Acquisitions of $15,000, 8%, 7c months loan.

b. June 30, 2022

Interest Dr 1200

Gem bank Cr. 1200

Interest on loan for the month of June

C. Interest as at December 31 2022

8% * $15,000*7

=$8400

Jan 1 2023

Gem state bank Dr 23,400

Bank. Cr. 23,400

Narration. Payment of $15,000, at 8% , 7 months and associated interest on maturity.

3 0
3 years ago
What does a price ceiling often cause and why
Sliva [168]

Answer:

adgfuaygbnkmhfgsdbs

Explanation:

3 0
3 years ago
Internal Stakeholders → Exhibition that is open to the public, usually requiring an entrance fee.
yanalaym [24]

Answer:

Explanation:

t

5 0
3 years ago
Read 2 more answers
If bids on keywords in a bid strategy are manually overwritten, how long will it take for the bid strategy to resume bidding on
muminat

Answer: 24 hours

Explanation:

When the max CPC is manually overriden, the new max CPC will remain for 24hours, this would make the search Ads 360 optimization system not to update the max CPC during this time. After 24hours margin, the search Ads 360 will resume optimizing your bids inorder to meet the goals of bid strategy in turn starts the max CPC manually.

5 0
3 years ago
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