There are four types of market segmentation
<span>1. </span>Demographic –<span> segments a population based on age, gender, size of family, earnings, work, religion, ethnic race, and nationality.</span>
<span>2. </span>Behavioral –segments on the basis of their behavior, usage and decision-making pattern.
<span>3. </span>Psychographic - uses people’s lifestyles, their activities, and interests
<span>4. </span><span>Geographic - uses location as basis</span>
<span>From the given definitions, Sunny Pet uses the demographic type of segmentation. </span>
Answer:
Concurrent validation
Explantion:
Concurrent validation is employed to establish documented proof that a facility and process will function as they are intended, on the basis of information gotten during actual use of the process.
Concurrent validity is a type of proof that can be assembled to justify the use of a test for predicting other outcomes.
Answer:
cheap input factors
Explanation:
Based on the information provided within the question it can be said that BioThink's competitive advantage in this situation would be their very cheap input factors. This refers to any resource that a company uses in order to output a certain product. Therefore by paying less on the resources they use they are then able to price their product cheaper than their competitors, thus giving them a competitive advantage.
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Answer:
The normal balance of liabilities is a credit.
Explanation:
In the double entry system one account must be debited in order for the other to be credited.
There are different balances for each account. For the accounts with normal credit balance a credit causes it to increase while a debit decreases it.
For accounts with negative balance a credit reduces its balance while a debit increases its balance.
- Asset: Debit
- Expense: Debit
- Dividends: Debit
- Liability: Credit
- Owner’s Equity: Credit
- Revenue: Credit
- Retained Earnings: Credit
Liabilities are debt owed by a business. When payment is given out to settle a debt (a debit) it reduces to amount a business owes.
If more loans are collected (a credit) the liability figure increases.
So liability has a normal credit balance
Answer:
invest consistently.
Explanation:
An investment can be defined as the acquisition of fixed capital assets, items or goods for the sole purpose of generating income in the future. The goal of all investors is to purchase assets or properties that would appreciate over time i.e an increase the value of the assets compared to when it was acquired.
Rate of return can be defined as the percentage of interest or dividends earned on money that is invested.
In Financial accounting, a return refers to the amount of profit generated by an investor on an investment over a specific period of time.
Basically, the rate of return which is typically expressed as a percentage of the initial costs of an investment can either be a gain or a loss on an investment. Therefore, a positive rate of return on an investment over a specific period of time, simply means that an investor is making a profit (gains) while a negative rate of return on an investment over a specific period of time, indicates that the investor is running at a loss.
In conclusion, the key to achieving or reaching financial goals through investments over a specific period of time, is by investing consistently. Thus, an investor that wishes to have a financial breakthrough in investments must be consistent and efficient in his or her investment choices, plans and decisions.