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3 years ago

What is a great example of using cluster analysis in business to create target-marketing strategies?

Business

1 answer:

Marysya12 [62]3 years ago

5 0

Answer:

The correct answer is letter "C": zip code segmentation.

Explanation:

Target-marketing strategies are achieved by segmenting the company's overall market. Segmentation allows firms to classify their clients typically by age, gender, and income but some other features such as location can be also implemented. Once the target population is spotted, organizations can choose a plan prompt advertising most likely to impact their behavior.

Thus, <em>entities can use zip segmentation to identify customers in a specific region and study their consumption patterns to try to identify profitable opportunities</em>.

You might be interested in

Which events listed below would terminate a brokerage relationship where a broker represented a seller

sertanlavr [38]

The events listed that would terminate a brokerage relationship where a broker represented a seller are:

The house sold and the transaction closed
The owner declares personal bankruptcy

<h3>Who is a broker?</h3>

Broker is a person or a company whose work is to sell a company's products hence charge a commission for each product sold. He is like an intermediator between the company and the client.

An agency relationship creates a fiduciary duty owed by the agent to the principal, hence must act in the best interest of his principal at all times.

However, a brokerage relationship may be dissolved where the owner of an item is declared bankruptcy and also were transaction have been completed or closed.

Learn more about brokerage here: brainly.com/question/7284696

#SPJ1

5 0

2 years ago

Differential Analysis for Machine Replacement Boyer Digital Components Company assembles circuit boards by using a manually oper

jasenka [17]

Answer:

Continue with old machine

Explanation:

Differential Analysis

Continue with Old Machine (Alt.1)or Replace Old Machine (Alt.2

May-04

Continue with Old Replace Old Diff. effects Machine (Alt. 1) Machine (Alt.2) (Alt. 2)

Revenues:

Sale ( 5 years) 803,500 803,500 0

Costs:

Purchase price 0 -105,500 105,500

Direct materials -274,000 -274,000 0

( 5 years)

Direct labor -190,000 0 -190,000

( 5 years)

Power and -17,500 -94,000 76,500

maintenance

Taxes, insurance -6,500 -21,000 14,500

etc ( 5 years)

Selling and -190,000 -190,000 0

administrative

expense ( 5 years)

Total expenses -678,000 -684,500 6,500

Profit (Loss) $125,500 $119,000 $6,500

Hence it is advantageous to continue with old machine. Net incremental advantage of continuing with old machine = $6,500

6 0

3 years ago

Your coworker Ginny is really concerned about a project that she has just been assigned. She is in charge of analyzing and deter

finlep [7]

If Ginny's boss wants to get the graphical representation of the relationship between the price and quantity of televisions supplied, then he would use th:

a. a supply curve

However, if he is interested in the visual representation, then he would have to use the:

a. supply schedule

<h3>What is a Supply Curve?</h3>

This refers to the representation of the relationship which exists between the price and supply of a particular good.

With this in mind, we can see that the best way to display the set of data in a graphic format is with the use of the supply curve while the representation of data in a visual format would be the use of a supply schedule.

Read more about supply curve here:

brainly.com/question/26430220

8 0

2 years ago

Gregg, age 28, sees himself as a cog in the wheel of his company. He doesn't trust his immediate manager, and he certainly doesn

scZoUnD [109]

Answer:

Low Organizational commitment.

Explanation:

Gregg appears to have low levels of Low Organizational commitment.

Gregg knows well that he is replaceable in the organization and could easily find a similar job with similar payment without any difficulty. So, does not show any commitment to the organization and does only what he is asked to do and never does any extra bit.

4 0

3 years ago

Morrison and Greene have decided to form a partnership. They have agreed that Morrison is to invest $150,000 and that Greene is

harina [27]

Answer:

Plan net income $115,000 net income $200,000

Morrison Greene Morrison Greene

a. $57,500 $57,500 $100,000 $100,000

b. $86,250 $28,750 $150,000 $50,000

c. $38,333 $76,667 $66,667 $133,333

d. $60,500 $54,500 $103,000 $97,000

e. $45,500 $69,500 $88,000 $112,000

f. $45,500 $69,500 $80,200 $119,800

calculations for d:

$150,000 x 6% = $9,000

$50,000 x 6% = $3,000

$115,000 - $12,000 = $103,000

$200,000 - $12,000 = $188,000

calculations for e:

$150,000 x 6% = $9,000

$40,000

$50,000 x 6% = $3,000

$70,000

$115,000 - $122,000 = -$7,000

$200,000 - $122,000 = $78,000 / 2 = $39,000

calculations for fe:

$150,000 x 6% = $9,000

$40,000

$50,000 x 6% = $3,000

$70,000

$115,000 - $122,000 = -$7,000

$200,000 - $122,000 = $78,000 x 20% = $15,600

$78,000 - $15,600 = $62,400 / 2 = $31,200

6 0

3 years ago