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mel-nik [20]
2 years ago
9

What is market segmentation? Dividing people into common groups based on Zip Code. Grouping products into distinct categories ba

sed on their historical sales levels Creating segments based on the five income levels Dividing your store (market) in separate areas for each kind of product that you sell Identifying and grouping potential customers by geographic, demographic, and psychographic attributes according to common characteristics and needs 1
Business
1 answer:
romanna [79]2 years ago
3 0

The correct answer would be option E, Identifying and grouping potential customers by geographic, demographic, and psychograpic attributes according to common characteristics and needs.

Explanation:

When markets or consumers are divided into groups or segments on the basis of some shared characteristics, then this is called as the Market Segmentation.

The shared characteristics can be customer's Geographic, demographics, psychographics, etc.

For example, a company finds out that their jackets are liked more among teenagers, whereas there coats are liked more by adults, then this segmentation is on the basis of demographics.

Learn more about Geographic Segmentation at:

brainly.com/question/13323297

#LearnWithBrainly

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Elaborate on the meaning of contemporary socio-economic issues.​
saul85 [17]

Answer: See explanation

Explanation:

Contemporary Socio-economic issues are the challenges that are faced by the society. It should be noted that these problems and challenges have s negative impact on the economy and the society as a whole.

Some of the contemporary socio-economic issues that are faced by the society are poverty, corruption, illteracy, unemployment, etc.

These issues poses a challenge to the government and government seek ways to address them.

4 0
3 years ago
Boersma Sales , Inc., a merchandising company, reported sales of 7100 units in September at a selling price of $682 per unit. Co
Doss [256]

Answer:

$2,122,900

Explanation:

Calculation to determine what The Gross margin for September was

First step is to determine the variable costs

Variable costs= (317 * 7,100) + (44*7,100) + (22*7,100)

Variable costs= 2,250,700 + 312,400 + 156,200

Variable costs= $2,719,300

Now let determine the Gross margin

Using this formula

GM=Sales-VC

Let plug in the formula

Gross margin = (682 * 7,100) - 2,719,300

Gross margin = $2,122,900

Therefore The gross margin for September was:$2,122,900

3 0
3 years ago
Which of the following is an example of a social career?
hichkok12 [17]
Nurse is an example of that
4 0
3 years ago
A tenant with a triple net lease rents a building that has the following yearly operating expenses: Property taxes $5,000, Utili
bonufazy [111]

Answer: $13500

Explanation:

The triple net lease refers to a lease agreement whereby the tenant pays all the property expenses such as property taxes, building insurance, utilities, repairs and maintenance.

Therefore, based on the question given, the expenses to be paid will be:

Property taxes = $5,000

Add: Utilities = $7,000

Add: Repairs & Maintenance = $1,500

Total = $13500

4 0
3 years ago
On January 1, 2020, Martinez Company makes the two following acquisitions. 1. Purchases land having a fair value of $330,000 by
vova2212 [387]

Answer:

Explanation:

a)

Date Account Titles and Explanation Debit Credit

January 1, 2020 Land $360,000.00

Discount on notes payable $246,621.00

Notes payable $ 606,621.00

(To record purchase of land by issuing note payable)

PV of $606,621 discounted at 11% =606,621/(1.11)^5 = $ 360,000

2.

Computation of the discount on notes payable:

Maturity value $560,000

Present value of $560,000 due in 8 years at 11% = $560,000 * 0.43393 = $ 243,000

Present value of $39,200 payable annually for 8 years at 11% annually—$39,200 * 5.14612 = $ 201,728

Present value of the note = $ 243,000 + $ 201,728 = $ 444,728

Discount = $ 560,000 - $ 444,728 = $ 115,272

Date Account Titles and Explanation Debit Credit

January 1, 2020 Equipment $444,728.00

Discount on notes payable $115,272.00

Notes payable $ 560,000.00

(To record purchase of equipment by issuing note payable)

b)

1.

Date Account Titles and Explanation Debit Credit

December 31, 2020 Interest expense ($ 360,000*11%) $39,600

Discount on notes payable $39,600

(To record the interest expense recorded and discount amortized)

2.

Date Account Titles and Explanation Debit Credit

December 31, 2020 Interest expense ($444,728 * 11%) $48,920

Discount on notes payable $9,720

Interest Payable ( $ 560,000 * 7%) $39,200

(To record the interest expense recorded)

7 0
3 years ago
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