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musickatia [10]
4 years ago
15

What is market segmentation? List the steps in the market segmentation process.

Business
1 answer:
34kurt4 years ago
6 0

Answer:

Market segmentation refers to a term in which there is a division of large markets into the smaller ones and this segregation is based on the customers  which are having similar characteristics, wants or needs.

Following are the steps included in the market segmentation process:-

a) Market potential will be forecasted

b) Market share will be estimated

c) Market segments would be chosen

d) Formation of users profile

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Given that there is a serious disadvantage to cost-based pricing, how would you account for its widespread use in retailing and
Levart [38]

Cost-based pricing is sometimes justified by arguing that it ensures that a company receives a good profit on the products that it sells.

<h3>What is cost based pricing?</h3>

It should be noted that cost based pricing simply means a pricing method based on cost of production and distribution of a product.

In this case, cost-based pricing is sometimes justified by arguing that it ensures that a company receives a good profit on the products that it sells.

Learn more about cost based pricing on:

brainly.com/question/18489977

3 0
2 years ago
Manuel and Poornima are building their portfolios. Manuel purchases shares in a mutual fund and pays fees to a manager who activ
Bas_tet [7]

Answer:

B. Stock analysts can use fundamental analysis to identify undervalued stocks.

4 0
3 years ago
This morning, Mary bought a ten-year, $1000 par value bond with a 7.0% coupon rate and annual payments. She paid $994 for the bo
rodikova [14]

Answer:

e. $70.00

Explanation:

The coupon payment is the amount received by the bondholder on a periodic basis during the life of the bond which is based on the bond's face value which in this case is $1000

Note that the coupon payments are expected to be made once a year.

Coupon payment=bond face value*coupon rate

bond face value=$1000

coupon rate=7%

annual coupon payment=$1000*7%

annua coupon payment=$70.00

6 0
3 years ago
Choco-Delite Cookies Company​ (Choco) declared a​ $1,600,000 cash dividend on December​ 15, Year​ 2, payable to all stockholders
ANEK [815]

Answer:

The net journal entry impact on company's retained earnings is $1400,000 credit.

Explanation:

When the dividends were declared on December 15,the following entries apply:

Dr Dividends            $1600000

Cr Dividends payable                $1600000

However,upon closing the dividends to retained earnings  the below journal entries apply:

Dr Retained earnings $1600000

Cr Dividends                                            $1600000

It is noteworthy that the stock-split does not impact the dividends or retained earnings of $3m in anyway.

Since,journal entries  for temporary accounts are closed to retained earnings,invariably the net income of $3m in year 2 must also be shown in retained earnings using journal.

Dr  Income statement     $3000000

Cr Retained earnings                         $3000000

From the above,a debit of $1600000 and credit entry of $3000000 in retained earnings gives a credit balance of $1400000

8 0
3 years ago
Suppose the economy is currently in short run macroeconomic equilibrium, with actual GDP bigger than potential GDP.
krek1111 [17]

Answer:

attached below

Explanation:

Given that the economy has its actual GDP > potential GDP

<u>A) using AD-AS to depict the situation </u>

attached below is the graph

The gap( Lf - L1 )  is called <em>inflationary gap </em>

x-axis <em>= </em>real GDP ,  Y-axis = price level,

AD = aggregate demand curve , S = short run aggregate supply curve

L = long run aggregate supply curve,

B) In the long run the<em> graph </em>will adjust to the full employment level

attached below is the graph

5 0
3 years ago
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