Demographic factors are the most one of the mose used bases for separating or segmenting consumer group. One reason demographic variables are the most popular bases for segmenting customer groups is because are easier to measure than other variables.
Demographics variables often helps consumer needs, wants, and usage rates often to differ. These factors easier to measure than other type of variables.
The segmentation of variable divides the market into smaller means with the use of demographic factors. these factors used are age, gender, and income.
Conclusively, customer segmentation method used is very easy to get through census data, analytics software, consumer forecast etc.
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Answer: Option D
Explanation: In simple words, estimating pitfall refers to the potential errors that may or may not occur in the future. These are human errors that are caused due to omissions, double recording or no recording etc. Such errors can result in the failure of the project.
Hence from the above we can conclude that the correct option is D.
Marketing tactics include different actions. One is to develop a pricing structure that encourages customers to purchase additional services they don't need.
<h3>What is marketing?
</h3>
Marketing is a concept that refers to all actions and activities related to market or commerce. Marketing has as its main purpose the analysis of the behavior of markets and consumers.
According to the above, marketing has ways to identify consumer purchasing trends and understands how buyers' thinking works. Marketing can develop strategies focused on the buyer acquiring goods or services that he does not need, one of them is prices or discounts.
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Answer: The answer is explained below.
Explanation:
Physical asset valuation is the process used to determine the fair market value of an asset. Research and development is the process whereby a company works in order to obtain new knowledge that will be used to create new technology, services, products, or systems.
Due to the different accounting practices which are accepted by different countries, companies has to consolidate their accounting into a standard. But in a situation whereby a foreign accounting procedure is translated to an accepted and followed standard, this might lead to valuation discrepancies. Therefore, an asset valued at certain amount may fall in value due to the foreign accounting standard used when compared to local accounting standards.
The same follows with the Research and Development cost as there is currency valuations involved and the gap in values of the currencies of the two nations can lead to differences in the the total cost of the project.
Intergroup conflict always results in positive benefits to individuals the group or the organization.
Explanation:
The social change, decision making, reconciliation, group unity and co operation are some of the positive effects of conflicts in an organization.
The advantages of conflicts are they create awareness for the existing problems. Then by discussing the conflicting views can provide better solutions and managing conflict is quicker and more efficient.
Intergroup conflict in an organization helps the people to come out with their own ideas with creative thinking.
An example for this conflicts are the problems between management and employee and between accounting and operations team, and between UI developers and backend team.
To resolve the problems in intergroup conflict people should openly discuss about the impact that the conflict has on productivity.
