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Iteru [2.4K]
3 years ago
6

A producer of camping gear such as​ tents, sleeping​ bags, and camp stoves has identified its target market as outdoor adventure

rs or enthusiasts. which type of variable does this reflect in segmenting the​ market?
Business
2 answers:
fredd [130]3 years ago
6 0

Answer:

The answer is Psycho-graphics.

Explanation:

Psycho-graphics is the study of consumers' nature, habits, interests etc. Demographics describe who your buyer is. Whereas Psycho-graphics describes why the buyer buys your product.

So when you know the interests and habits of consumers in an industry like the Camping Gear, it would be easy to target your consumers. Because you would know that enthusiasts and adventurous type of people will go camping and needing your product, so you directly target those consumers.

babunello [35]3 years ago
4 0

The correct answer is psychographics. This is defined as a qualitative methodology by which it describes the consumers in regards with psychological attributes. This has been applied in the study of values, interest, personality, and even interest.

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Among the best-known companies that use customer satisfaction surveys to evaluate service quality in various industries is:_____
belka [17]

Answer: a) J.D. Power and Associates

Explanation: As there is an undue emphasis on measuring objective output performance by companies and organizations, data is collected and analysed. This data helps measure customer satisfaction which is a major predictor of repurchase of products or services. However, customer satisfaction is to a greater extent, largely influenced by performance evaluations of product, of quality, and of value. J.D. Power and Associates, a marketing firm is well known among the best-known companies as one that uses customer satisfaction surveys to evaluate service quality in various industries. Through its automotive research, it collects consumer responses for a variety of surveys which it uses to award car models rankings.

3 0
3 years ago
You are in the business of making kombucha tea. Your variable costs to produce each bottle is $1. Your fixed costs are $100,000/
Nat2105 [25]

Answer:

Break-even point in units= 100,000 units

Explanation:

Giving the following information:

Your variable costs to produce each bottle is $1.

Your fixed costs are $100,000/year.

How many bottles must you sell at $3/bottle to cover your fixed costs and earn your target profit of $100,000

<u>To calculate the number of units to be sold, we need to use the following formula:</u>

<u></u>

Break-even point in units= (fixed costs + desired profit)/ contribution margin per unit

Break-even point in units= (200,000) / (3 - 1)

Break-even point in units= 100,000 units

4 0
3 years ago
Which of the following is NOT one the responsibilities of the the Federal Reserve
lora16 [44]
The Federal Reserve System is the central bank of the United States. It was made to provide the nation with a safer, more flexible, and more stable monetary and financial system. Hope this answers the question. Have a nice day. Feel free to ask more questions.
7 0
4 years ago
Read 2 more answers
Household behavior with respect to changes in income can be described by the marginal propensity to consume (MPC) and the margin
Citrus2011 [14]

Answer: Greater the MPC

Explanation:

The Marginal Propensity to consume refers to how much Economic consumption increases or decreases due to a change in income.

The formula for MPC is;

= Change in Consumption/Change in Income.

Consumption is a major component of GDP so it has a direct influence on Economic output. In other words, the larger the level of consumption, the higher the higher the output.

As evident from the equation, if the change in consumption is higher than the change in income, the MPC will be larger. A larger MPC therefore corresponds to a higher Consumption.

If a higher Consumption leads to a larger output and a larger MPC corresponds to a higher Consumption then that means that a higher MPC leads to a larger output.

5 0
3 years ago
A department adds raw materials to a Process at the beginning of the process and incurs conversion costs uniformly throughout th
Natasha_Volkova [10]

Answer: c. 78,000 equivalent units.

Explanation:

Equivalent units for conversion is calculated as:

= Units completed and transferred out + Equivalent ending work in process

Units completed and transferred out:

= Units started into production - Ending units

= 90,000 - 20,000

= 70,000 units

Equivalent ending work in process = 40% * 20,000 work in process units

= 8,000 units

Equivalent units for conversion = 70,000 + 8,000

= 78,000 units

7 0
3 years ago
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