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ICE Princess25 [194]
3 years ago
11

Dividing a market into distinct groups of buyers who have different needs, characteristics, or behaviors, and who might require

separate products or marketing programs is known as market diversification.
True or False?
Business
1 answer:
melamori03 [73]3 years ago
7 0

Answer:

False.

Explanation:

Market diversification is a strategy in which the products of an orgnization are offered in a new market. The goal is for the company to grow and find new ways to increase profits. According to this, the statement that says that dividing a market into distinct groups of buyers who have different needs, characteristics, or behaviors, and who might require separate products or marketing programs is known as market diversification is false.

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Prompt<br> What should you do after writing something?
finlep [7]

Answer:

revise, edit, cite sources.

Explanation:

8 0
3 years ago
Read 2 more answers
David bought a pickup truck to transport his equipment on weekend fishing trips. He also bought a trailer for his lawn maintenan
trasher [3.6K]

Answer:

B2C and B2B, respectively.

Explanation:

The pickup that David bought to transport equipment on weekend fishing trips should be considered a business to consumer (B2C) transaction David will use it for recreational activities.

The trailer that David bought to transport his lawn maintenance equipment should be considered a business to business (B2B) transaction David will use it for his lawn maintenance business.

6 0
3 years ago
Bank A offers to lend you money at 10 percent compounded monthly, Bank B at 11 percent compounded quarterly, and Bank C at 12 pe
ahrayia [7]

Answer and Explanation:

The computation is given below:

For Bank A,

Effective annual rate is

= (1 + 0.10 ÷ 12)^12 - 1

= 10.47%

For Bank B,

Effective annual rate is

= (1 + 0.11 ÷ 4)^4 - 1

= 11.46%

And,

For Bank C,

Effective annual rate = 12%

Therefore, Bank A is best to borrow at lowest effective annual rate

8 0
3 years ago
............................
Alenkasestr [34]

Answer:

.............................

Explanation:

7 0
3 years ago
A journal entry for a​ $210 payment to purchase office supplies was erroneously recorded as a debit to Office Supplies for​ $550
Ludmilka [50]

Answer:

The sum of the debits will exceed the sum of the credits by $340. (None of the options given).

Explanation:

The right posting on the payment of $210 for the purchase office supplies would be;

Debit office supplies account $210

Credit Cash account $210

However since the debit to office supplies was $550 which is 340 (i.e $550 - $210) more than what the amount to have been posted is, it means that the sum of the debits will exceed the sum of the credits by $340.

3 0
3 years ago
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