To segment a market effectively, you should make sure the categories are fairly homogenous, at least in terms of the demands of potential customers and how they react to marketing.
Organizing potential customers into groups or segments with comparable demands and responses to marketing actions is referred to as market segmentation in marketing. Market segmentation helps businesses to target various customer groups who view the entire worth of particular goods and services in a variety of ways.
By identifying the items that are most likely to capture a portion of a target market and the most effective channels for marketing and distributing those products, market segmentation aids businesses in reducing risk.
To learn more about market segmentation here
brainly.com/question/14838959
#SPJ4
Answer:
Explanation:
Demand in business is the desire of consumers to purchase goods and services at the given prices.
"Mr. Fitzgerald is selling his home to permanently move into a retirement" He must be automatically dropped from the plan because he is relocating outside of the service region. He will be able to choose a new plan during a special election term. This is further explained below.
<h3>What is prescription drug plan?</h3>
Generally, Prescription drug plans (PDPs) are another name for Medicare Part D. These policies are available on their own from private insurance providers.
In conclusion, He must be automatically dropped from the plan because he is relocating outside of the service region. He will be able to choose a new plan during a special election term.
Read more about prescription drug plan
brainly.com/question/14176332
#SPJ5
Answer: to increase interest rates which reduced aggregate demand.
Explanation:
Since the money supply was contracted to reduce the rate of inflation, this will lead to increase interest rates which reduced aggregate demand.
In this case as a result of the increase in the interest rate, people will prefer to save their money in the banks and thus will result in less money in circulation which ultimately reduces the demand for goods and services.
First, the value of each share rose by 2. So we have +2.
Then it fell by 5. So we have
2 - 5 = -3
Each share has a net value of negative 3.
Dave owns 15 shares. So,
15 * (-3) = -45.
So, there is a net loss of $45.
