Answer:
The correct answer is Can help marketers better allocate resources.
Explanation:
To position yourself in the market successfully, you need to select the most beneficial market group for your business and know its characteristics, in order to adapt your product to the requirements demanded by this audience and determine the most appropriate marketing strategies.
The ability to select the target market of your company, that is, that sector of the population that is expected to consume your product or service, is decisive to achieve business objectives and business success.
Market segmentation is a process through which the market is divided into homogeneous groups or segments of consumers, which have a series of similar and significant characteristics for the company.
This segmentation allows to carry out a series of commercial strategies and thus fulfill a double purpose:
- Better meet customer needs.
- Reach the business objectives of the company.
Each organization can select one or more segments as a market goal, for which it will develop different marketing strategies. You can integrate market segmentation with the rest of your marketing tools, so that your strategy is increasingly comprehensive.
<span>Hallmark is attempting to achieve environmental sustainability and a new way to preserve memories. Not only does this provide a way to recycle the card, it contributes to the environment by creating new growth. It also gives the card receiver a unique way to remember the event or person associated with the card.</span>
Answer:
Operational.
Explanation:
An operational plan is a highly detailed plan that provides a clear picture of how a team, section or department will contribute to the achievement of the organisation's goals. The operational plan maps out the day-to-day tasks required to run a business and cover.
Answer:
The amount by which each additional dollar of government spending increase output (Y) is 4.
Explanation:
Since you save 25% of each additional dollar of income, we therefore have:
MPS = Marginal propensity to save = 25%, or 0.25
Multiplier = 1 / MPS = 1 / 0.25 = 4
The multiplier is the amount by which each additional dollar of government spending will increase output (Y).
Therefore, the amount by which each additional dollar of government spending will increase output (Y) is 4.
Additional note:
This is not part of the requirement of the question but it is just for you to learn from.
Since we have:
Increase in government spending = $100
Therefore, we have:
Increase in output (Y) = Multiplier * Increase in government spending = 4 * $100 = $400
Answer:
d. 95.44
Explanation:
In normal distribution , probability distribution is symmetrical about the mean . . 68.3% of the observation will fall within one standard deviation around the mean , 94.4 % will fall within two standard deviation about the mean and 99.7 % will fall within 3 standard deviation from the mean . It is based on the area of the normal distribution curve.
