Answer:
Market segmentation
Explanation:
Market segmentation is the process of dividing a market of potential customers into groups, or segments, based on different characteristics.
Markets can be segmented on the basis of socio-economic groups (income), age, location, gender, lifestyle, use of the product (home/work, leisure/business..) etc. Each segment will require different methods of promotion and distribution. For example, products aimed towards kids would be distributed through popular retail stores and products for businessmen would be advertised in exclusive business magazines
Market segmentation makes marketing cost-effective, as it only targets a specific segment and meets their needs. it also leads to higher sales and profitability and also Increases opportunities to increase sales
.
Answer: e. generating alternative goals and plans.
Explanation:
The step in formal planning process is the CEO performing when he debates between opening a new branch and reducing the prices is referred to as generating alternative goals and plans.
Here, the CEO wants to increase the sales of the company and in an attempt to do that he's considering different alternatives in order to know and decide which one will be best for the company to undertake. This means he is generating alternative goals and plans.
Options A-D are wrong as the CEO isn't monitoring, controlling or implementing any plan. Option E is the right answer.
The answer to the first part of the question is Technological (A), and part 2 is Outweigh (B)
<h2>Yes the given statement is true by analyzing the chart attached.</h2>
Explanation:
Let us understand what teen means and what age group comes under teen.
All the age which ends with teen falls under teen age.
Age group: 13 to 19
When we analyze the data,
Age group <18: In 2008, the tax filers are 1.9 % and it declined to 1.4% in 2016
Age group 18 to 24: In 2008, the tax filer are 16.3% and 15.6 in 2016
So the the number of tax filers who filed in 2016 is less than 2008.
People whose age >55 has got more opportunity when compared to 2008
From this we can conclude that teens find difficult to get part-time and summer work
Answer: Critical thinking
Explanation: Critical thinking can be defined as the analysis of complex subject matters of the business. Critical thinking helps in betterment of business operations and lead to better client outcomes.
Critical thinking process is performed by the top level management with the intent of making decision that could affect the business overall.
