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marin [14]
3 years ago
9

Which of the following describes the function of geodemographic segmentation? It determines the type of lifestyles that consumer

s have by asking them about their activities, interests, and opinions and groups them based on the similarity of their responses. It stresses the belief that the benefits people are seeking in consuming a given product are the basic reasons for the existence of true market segments. It identifies consumers' primary motivations and whether they are driven by ideals, achievement, and/or self-expression. It identifies the specific households in a market by focusing on local neighborhood areas and creates classifications of neighborhoods where people live and shop.
Business
1 answer:
Svet_ta [14]3 years ago
4 0

Answer: <u><em> It identifies the specific households in a market by focusing on local neighborhood areas and creates classifications of neighborhoods where people live and shop</em></u>.

Explanation:

Geo-demographic segmentation is a classification technique used in marketing to discover whether the entity of a population fall into different groups by making comparing various characteristics with certain assumption.  

Geo-demographic segmentation is based on principles such as:

People who live in the same neighborhood have similar characteristics.  

Neighborhoods can be classified in terms of the characteristics of the population.

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AleksAgata [21]

Answer:

Firstly i will discuss General electric philosophy. So, what happens is sometimes when you don't put pressure on managers then they become lethargic and slow. For this matter they needs reminder to stay on tip of their game. But at the same time its demotivating too.

Secondly, in Valero energy they believe in psychological safety, to make their employees feel secure and safe. It has great impact on employee performance.

Actually, company's performance is not measured by profit and loss alone. It also measures by other factors like employee safety, employee motivation, impact of policies on employees and bringing positive addition to the life of employee.

General electric is high performing company in terms of profit and revenue. They follow negative reinforcement philosophy.

Both concepts eargs the employees to perform better. But one approach is better i.e to make them feel secure and make them believe that company cares for their career, future and well being. That actually motivates the employee. In return employees works wonders for that company.

In latest HR practices, many professionals are shifting from General electric philosophy to Valero energy philosophy. Because it increases productivity of employee by positive reinforcement. Which actually is better.

3 0
3 years ago
Which of the following is not one of the guiding questions to creating a Strategic Business Plan?
inysia [295]
What do we want is the answer I believe, correct me if I’m wrong
7 0
3 years ago
Which principle dictates that managers should receive a raise in pay based upon their contributions to the organization, and not
JulsSmile [24]

A <u>Distributive justice</u> is the principle that dictates that managers should receive a raise in pay based upon their contributions to the organization, and not based on their gender.

<h3>What is the Distributive justice?</h3>

It is a principle that is mainly concerned with the fair allocation of resources among the diverse members of a community; the fair allocation takes into account the total amount of goods to be distributed, distributing procedure and the pattern of distribution that results as well.

In an organization setting, the principle occurs when all employees believe that outcomes are equitable, that is, the outcomes are either tangible such as pay or intangible such as positive feedback.

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5 0
1 year ago
Deon is opening a car wash, and he has approached SCORE, an SBA organization that assists small-business owners in setting up th
Marianna [84]

Answer:

A.) Write a business plan

Explanation:

A business plan is a docent that describes nature of the business, growth and sales strategies, and projected profits.

It is a road map that shows how a business will be set up, how it will function to meet set goals, and financial projections that demonstrates the viability of the business idea.

Deon will have to come up with a business plan that summarises his vision of setting up the car wash. On the basis of this SCORE will make a decision about helping him start the company.

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3 years ago
Write a 700- to 1,050-word paper that evaluates the impact of implementing triple aim goals nationally.
Luba_88 [7]

Answer:

These were the "Tripple aim goals"

  • Improving quality and satisfaction
  • Improving the health
  • Reducing the per capita cost of health care

Explanation:

The United States has the most expensive healthcare in the world. It also has the best healthcare in the world. This may contend from a different perspective, but one point of view outplays them all and that is the freedom of choice to choose our healthcare benefactors. There’s enormous flexibility in the American system that other countries can only dream of. Its system could be better, and to do that we have to look at what would make it better. There are different phases of our healthcare that are not practicing what we would want them to be and when we look to people for answers we turn up with a three-pronged approach to making our healthcare live up to everybody’s expectations. If we look at the three aims:

• Improving quality and satisfaction for the patient experience of care,

• Improving the health of populations,

• Reducing the per capita cost of health care.

It doesn’t take long to realize that the three are closely interwoven. For example, if we asked 50 people about a particular list of complaints about their healthcare, I would stake good money that every single one had a high cost on it. The high cost of healthcare has been a favorite whipping boy in this country for some time now, and it doesn’t look like that is going to transform, the question is can it?

Genuinely, we need to lower costs is civilizing the health of the individual populations, and patient satisfaction. Healthy individuals don’t go to the doctor as much and lower their costs, satisfied people do the same, they are happy with the cure they got and don’t unnecessarily spend money on going to another doctor. So the Problem statement becomes how do we tackle the issue and what will it bring?

If we take a small group of people perhaps 50 and we just automatically lower their costs so that they pay thirty-five cents on the dollar, then we have accomplished two of the objectives. Apparently, we can’t just do that in real life we would have to take many steps to be able to do this, among them would be to advance the quality of their care. But, once we got started on each of the three goals, then we would see a synergistic effect in the other areas, and soon it would feed on itself.

At the beginning of the last century, Henry Kaiser had combined wealth as well as several companies, not to mention about 60,000 employees. He struggled with every aspect of a dissatisfied customer when the time came for his employees and their healthcare. Nothing seemed to get it to where he wanted it to be cost-wise and satisfaction-wise. Not to mention the overall health of his employees. With the issue of putting many times the effort into healthcare that other companies did, none of them were better-off, and none of them were any healthier than anybody else in the country. Until he took the bold step of bringing healthcare “in-house”. He formed his private clinic and hospital medical staff, and to this day it stands as a paragon of medical service and still outperforms all other healthcare in the country.

Noticeably, taking the same approach as Henry Kaiser would result in the same results, although it would be many times more difficult and would require that we vote on it as a nation.

If the President of The United States could take one-sided action much as Henry Kaiser did, and treat our people as a father would his children, then we could accomplish this goal quickly. Since that is not possible, let us assume that we have spent 50 years taking baby steps and finally we have achieved our goal and every one is 100 percent happy with how their healthcare works and what happens, and we have reduced diseases as we know them and there is a sense of prosperity over the country.

First, the impact would allow us more free time, since we would not be spending it being sick or catching up on school or work from being sick.

Second, there would be free money in that there would be so much of our finances freed up, some estimate as much as a 30-32% increase in our income, then would be the increased maturity, some estimates are as high as 150. There would be decreased traffic, decreased crime, etc... When all is said and done, we would marshal in a golden age for mankind and there are penalties and benefits that we could debate about for years, and would never even guess at until it happens. There are many things that we simply would not expect until we actually consummate the goal.

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1 year ago
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