Answer: A. Target Market
Explanation: A target market refers to a pool of potential Individuals, group or consumers which a company has identified as being the most likely to purchase it's product. The target market may be individuals or groups belonging to the same age group, sex, occupation, hobby, education, location, race, skin color or even weight. Identifying a target market enables companies prepare a marketing plan centered around its potential consumers. Failure to identify a target market could be devastating for business growth.
Answer: 60 %
Explanation: Gross profit refers to the amount of profit that a company has after deducting for making and selling charges.
Gross profit percentage or gross profit ratio refers to the ratio of gross profit and net sales. It is used to evaluate how much gross profit does a company makes from its sales. It is a good measure for evaluating liquidity.
This could be calculated as follows :-
=60 %
A
The price goes up because when something’s supply goes down, the price goes up assuming the demand hasn’t changed
Answer: Age and Gender.
Explanation:
All available options listed in the question can be used in demographic targeting when doing marketing but the two most important demographics normally considered when doing marketing are age and gender, because these two factors greatly influence how consumers make purchase.
