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2 years ago

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

Business

1 answer:

Marysya12 [62]2 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, entities can use zip segmentation to identify customers in a specific region and study their consumption patterns to try to identify profitable opportunities.

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When the marginal benefits of a decision is equal to the marginal costs, it is called _____________. (SSEF2) * 1 point equilibri

Sati [7]

Answer:

A rational decision

Explanation:

Marginal decision involves using more than or less than what you have by comparing the cost and benefits. Marginal cost is the additional cost as a result of making a different decision while the marginal benefit is the additional benefit as a result of making a different choice. A rational decision is a decision in which the marginal benefits as a result of taking that decision is greater or equal to the marginal cost of that decision.

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3 years ago

The late famous broadcast journalist Walter Cronkite said that one of his regrets in life was not actively participating in the

Wewaii [24]

Answer:

The correct answer is True.

Explanation:

According to Maslow's theory of human needs, self-realization needs are those that seek to satisfy our own personal abilities, to develop our potential, to do what we have better aptitudes for and the need to develop and expand metamotives (discover the truth, create beauty, produce order and foster justice). This was exactly what Walter was looking for, because it was what he really loved.

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2 years ago

Typically, the firms' lowest cost source of financing is ____________ as its cost is tax deductible and it also tends to offer t

Finger [1]

Answer:

Debt

Explanation:

Debt is the lowest cost source of financing because the interest return given to holders of debt has a tax shield (tax deductible) that is provided by the Section 11j of the Income tax Act.

The other sources of finance give a return in form of dividends. Dividends are are not tax deductible hence they attract a huge cost.

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2 years ago

All other things being equal, supply curves slope upwards from left to right because

Svetach [21]

In most cases, the supply curve is drawn as a slope rising upward from left to right, since product price and quantity supplied are directly related (i.e., as the price of a commodity increases in the market, the amount supplied increases). ... A change in any of these conditions will cause a shift in the supply curve.

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2 years ago

Write down the characteristics which had the highest poverty rate in 2016?

adoni [48]

Answer:

Follows are the solution to this question:

Explanation:

The poverty rate is the proportion of those whose income falls below the poverty line, as well as, the official poverty level of 2016 was 12.7% when half of the median family income for the overall population. Below are the highest poverty level features in 2016:

Desire to share exposure to food and clean water.
Entry to living standards or jobs is little to no.
Conflict.
The unfairness.
Wretched schooling.
The shift in the atmosphere.
Transportation deficit.
The government's limited capacity.

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2 years ago