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Greeley [361]
3 years ago
8

Dividing a diverse market into groups of customers who share similar traits or characteristics is the process known as:

Business
1 answer:
victus00 [196]3 years ago
5 0

Answer:

Market segmentation

Explanation:

Market segmentation is the process of dividing a market of potential customers into groups, or segments, based on different characteristics. The segments created are composed of consumers who will respond similarly to marketing strategies and who share traits such as similar interests, needs, or locations. A market segment is a group of people who share one or more common characteristics, lumped together for marketing purposes.

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Steven's Co. provides the following sales forecast for the next three months: July August September Sales units 5,000 5,700 5,56
Ipatiy [6.2K]

Answer:

d. 5,175 units.

Explanation:

The computation of the budgeted production units for July is shown below:

= Sale units + ending inventory units - beginning inventory units

where,  

Sale units is 5,000 units

Ending finished inventory units = 5,700 units × 25% = 1,425 units

Beginning finished inventory units = 1,250 units

Now put these units to the above formula  

So, the units would equal to  

= 5,000 units + 1,425 units - 1,250 units

= 5,175 units

5 0
2 years ago
6.<br> with a traditional bank, who is bearing the risk of the borrower defaulting?
Vikki [24]
The lender is bearing the risk on defaulting the loan
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2 years ago
Crawford Company started the year with $60,000 in its Common Stock account and a credit balance in Retained Earnings of $44,000.
umka2103 [35]

Answer:

b. $72,000

Explanation:

Retained EarningEnding Balance = Opening Balance of retained earning + net income - Dividend Declared

Retained EarningEnding Balance = $44,000 + $48,000 - $20,000

Retained EarningEnding Balance = $44,000 + $48,000 - $20,000

Retained EarningEnding Balance = $72,000

The issue of common stock will not effect retained earning account balance It will be credited to common stock account and add-in-capital common stock account.

7 0
3 years ago
What does it mean that Florida’s Texting While Driving Law is a primary offense?
dsp73

Answer:

Primary Offense Upgrade

In the past, texting while driving in Florida was only a secondary offense. This meant that you could be issued a citation for texting while driving only if an officer had another reason to pull you over. In 2019, texting while driving was upgraded to a primary offense.

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2 years ago
Identify an example in your life where you trade some degree of privacy
ollegr [7]
Everytime you walk through the airport, you bags are searched for dangerous things, violating you privacy, but protecting everyone.
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