Demographic factors are the most one of the mose used bases for separating or segmenting consumer group. One reason demographic variables are the most popular bases for segmenting customer groups is because are easier to measure than other variables.
Demographics variables often helps consumer needs, wants, and usage rates often to differ. These factors easier to measure than other type of variables.
The segmentation of variable divides the market into smaller means with the use of demographic factors. these factors used are age, gender, and income.
Conclusively, customer segmentation method used is very easy to get through census data, analytics software, consumer forecast etc.
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Answer:
A good decision is one that is made deliberately and thoughtfully, considers and includes all relevant factors, is consistent with the individual’s philosophy and values, and can be explained clearly to significant others.
Ways to make good decision:
- Set Aside Time to Reflect on Your Mistakes
- Stop Thinking About the Problem
- Frame Your Problems In a Different Way
- Identify the Risks You Take
- Take Note of Your Overconfidence
- Talk to Yourself Like a Trusted Friend
- Label Your Emotions
- Acknowledge Your Shortcuts
- Consider the Opposite
The statement is True. Leadership has many facets, but the central feature of leadership is the ability to command and control others.
“The movement of Leadership a collection of people or an employer.” this is how the Oxford Dictionary defines management. In simple phrases, management is set taking dangers and hard the status quo. Leaders inspire others to obtain something new and higher.
Management abilities may be practiced to any degree irrespective of the identity you have. Leadership may be a critical capability to have because a great leader is capable of convey out the quality talents in his/her team participants and motivating them to paint collectively in attaining a shared intention.
One definition of management is to “inspire, influence and manual others to take part in a not unusual effort.” right leaders do not simply bark orders or hand out directives without an explanation. as an alternative, they use effective communication and motivation strategies to facilitate motion by using their teams.
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Answer:
Interest rates and investment
If interest rates are increased then it will tend to discourage investment because investment has a higher opportunity cost. With higher rates, it is more expensive to borrow money from a bank. Saving money in a bank gives a higher rate of return.
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Answer:</h2><h2>Option C: Brandfest</h2><h2>Brandfest is described as an event that a company hosts to than its loyal customers.</h2>
Explanation:
Brandfest is the most important way to thank its loyal customer and bring more business by sustaining the brand name.
Entrepreneur: He is the person who sets up the business.
Crowdsourcing: Obtaining information from a large number of people.
Value proposition: This is an attractive way in marketing to impress and bring more business
Folksonomy: This is to segregate items online according to the category. This is done with the help of tagging an item.
