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Rom4ik [11]
2 years ago
10

Which market segmentation dimension describes consumers by the groups with which they associate?

Business
1 answer:
Ilia_Sergeevich [38]2 years ago
5 0

Answer:

d. psychographics​

Explanation:

Psychographic segmentation involves the classification of customers based on their personality traits, lifestyles,  interests, values, and attitudes. Consumers with similar traits tend to have comparable purchasing behavior. Marketers identify the needs of customers with shared traits and target them with products and services that they are likely to buy.

People with similar interests are likely to belong to associations or clubs. For example sportsmen and women are likely to join a sports club. Marketers will carry out promotions in the clubs and associations to targets specific groups of customers.

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wood county hospital consumed 400 boxes of bandages per week last year. the price of bandages was $80 per box, and the hospital
Evgen [1.6K]

Economic Order Quantity is the optimal level of inventory where the inventory costs are the minimum. EOQ = (2AO/H)^(1/2).

<h3>What is Economic Order Quantity?</h3>

Companies determine their ideal order size by performing a calculation known as the economic order quantity (EOQ), which enables them to meet demand without going overboard. To reduce holding costs and surplus inventory, inventory managers calculate EOQ.

The order size that minimizes the overall holding costs as well as ordering expenses in inventory management is referred to as the "economic order quantity," or "economic buying quantity." One of the first traditional production scheduling models is this one.

The following is the EOQ formula. EOQ is equal to the square root of 2 times demand times ordering cost)/carrying cost. Demand. The EOQ's assumptions state that the demand is unchanged. How much stock is used annually or how many goods are sold annually is the measure of demand.

Learn more about the Economic Order Quantity here:

brainly.com/question/16986815

#SPJ1

7 0
11 months ago
An auto insurance company is implementing a new bonus system. In each month, if a policyholder does not have an accident, they w
andrey2020 [161]

Answer:

50,400

Explanation:

Using application of total expectation, E;

N= Number of policy holders who have zero accidents in one month

P= Probability

N|Low = 400

N|High=600

P|Low=0.9

P|High=0.8

Therefore E = (N|Low*P|Low)+(N|High*P|High)

E=(400*0.9)+(600*0.8)

E=360+480

E=840

Then Total bonus for the year B

B= E*12*5

B=840*12*5

B=50,400

7 0
3 years ago
When interacting with a customer who has a rational style and keeps communication brief, your best strategy is to
kakasveta [241]

The best strategy which a person should use when interacting with a customer who has a rational style and keeps communication brief is:

  • Ask open-ended questions to obtain information.

<h3>What is Communication?</h3>

This refers to the exchange of information between two or more people where feedback is given through a medium.

With this in mind, we can note that because the customer has a rational style and communicates in a straightforward manner, then the best strategy would be to ask open-ended questions to obtain information.

Read more about communication here:

brainly.com/question/26152499

3 0
2 years ago
Steady Company’s stock has a beta of 0.20. If the risk-free rate is 6% and the market risk premium is 7%, what is an estimate of
777dan777 [17]

Answer:

the estimation of the cost of equity is 7.4%

Explanation:

The computation of the estimation of the cost of equity is shown below:

Here we used the Capital Asset Pricing model formula i.e.

Cost of equity = Risk free rate + Beta × market risk premium

= 6% + 0.20 × 7%

= 6% + 1.4%

= 7.4%

Hence, the estimation of the cost of equity is 7.4%

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

5 0
2 years ago
The following totals for the month of June were taken from the payroll register of Xenos Company:
Elza [17]

Answer:

c. debit to Payroll Tax Expense for $1,050.

Explanation:

The payroll tax expense includes various expense like - Social security tax payable, medicare tax payable, unemployment tax payable, etc.

So, we consider these items only.  

The journal entry is shown below:

Payroll expense A/c Dr XXXXX

      To Social security taxes payable A/c XXXXX

      To Medicare taxes payable A/c XXXXX

(Being payroll expense is recorded)

All other information which is given is not relevant. Hence, ignored it

3 0
3 years ago
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