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2 years ago

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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E20.5 (LO 3) (Application of Years-of-Service Method) Andrews Company has five employees participating in its defined benefit pe

GuDViN [60]

Solution and Explanation:

Computation of service years

Year Jim Paul Nancy Dave Kathy Total * Cost Amortization

2014 1 1 1 1 1 5 * 3000 15000

2015 1 1 1 1 1 5 * 3000 15000

2016 1 1 1 1 1 5 * 3000 15000

2017 1 1 1 1 4 * 3000 12000

2018 1 1 1 3 * 3000 9000

2019 1 1 2 * 3000 6000

72000

Future years of service

Jim 3

Paul 4

Nancy 5

Dave 6

Kathy 6

$cost per service year $=\$ 72000 / 24=\$ 3000$$

8 0

3 years ago

Macroeconomic equilibrium occurs when aggregate supply and aggregate demand meet. what does this indicate about society?

givi [52]

This indicates that the society is using resources efficiently and effectively. This is because all economies tend to go towards the equilibrium and if they don't, that's bad for the economy.

8 0

3 years ago

Deontologist would agree that the increasing medical concern over obesity in the United States justified federal regulation of h

KonstantinChe [14]

Explanation:

Yes it is true that the advertisements during the children's program are responsible for increasing the craving of children for junk food which contains high calorie, high fat, high sugar and and low nutritional values.

These negative food habits are causing the obesity in the young children in the United States. The USDA has updated its "MyPlate" in 2011 to give information about the right food habits which are good for nutritional value to the U.S citizens.

7 0

3 years ago

Assuming the Sporty line is discontinued, total fixed costs remain unchanged, and the space formerly used to produce the Sporty

Svetllana [295]

Answer:

c. Increase of $192,500

Explanation:

Note: The full question is attached

Particulars Luxury Amount$

Sales $950,000

(380000*250/100)

Less: Variable cost $612,500

(245000*250/100 )

Total contribution $337,500

Less: Fixed expenses $80,000

Net Operating Income $257,500

Change in Operating Income = New Profit - Existing profit = $257,500 - $65,000 = $192,500

Hence, there is an increase of $192,500

8 0

3 years ago

A market segment is a group of individuals or organizations who share one or more characteristics.

Anastaziya [24]

Answer: True

Explanation: A part of population having one or more characteristics, grouped together for the purpose of marketing is called market segmentation. Market segmentation population have two or more common characteristics.

Market segmentation can be done on various different basis like geography, age or gender etc.

Hence, from the above explanation we can conclude that the statement is true.

6 0

3 years ago