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andreyandreev [35.5K]
3 years ago
15

_______ segmentation is used when the firm can identify a group of consumers with common needs and wants that spans the entire g

lobe.
Business
1 answer:
Shtirlitz [24]3 years ago
5 0

Answer:

Global Segmentation

Explanation:

Global Segmentation - it is referred to that strategy in marketing that aside from the potential customer in one category or list that has the same behaviors for any products. it is done to focus on such customer and their products to meet their needs.

structure analysis has done for obtaining segmentation

- analyze the potential needs of customers

- then analyze the behavior of customers sharing the same characteristics

- then, at last, determine the potential customers who need it.

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Having had no prior knowledge of the market for his product sweater, what approach did Jack McCarthy of Ugly Christmas Sweaters
telo118 [61]

Answer:

When any company wants to sale their product without prior knowledge of the market then it's a disaster.

First thing Jack can do is "Test Marketing". If any company has no knowledge of market then fastest way to know your market is test marketing. Jack must put his sweaters in small quantity for sale at different locations. Test marketing needs to be done for whole week. Jack needs to collect the feedback from its customers too. Feedback is the way jack can know the market. Without knowing the market and customers, it's really hard to market or sale your product. Feedback from test marketing activity will actually give him market knowledge and customer's feedback.

6 0
3 years ago
Assume there are two countries: South Korea and the United States. South Korea grows at 4% and the United States grows at 1%. Fo
alisha [4.7K]

Answer:

The US income will be $12,201 and South Korea's income will be $21,911. US income will grow by multiple of 1.2 while South Korea's GDP will grow by multiples of 2.19.

Explanation:

Initial income of both the countries is $10,000.

Growth rate of South Korea is 4%.

Growth rate of US is 1%.

In 20 years, South Korea's income will be,

=Initial income*(1+growth rate)^{n}

=$10,000*(1+0.04)^{20}

=$10,000*2.1911

=$21,911

Similarly, we can find US income.

=Initial income*(1+growth rate)^{n}

=$10,000*(1+0.01)^{20}

=$10,000*1.2201

=$12,201

So, South Korea's income is $21,911 while US's income is $12,201.

South Korea's income grows by the multiples of 2.1911. While, US's income grows by the multiples of 1.2201

4 0
3 years ago
A physical item that can be touched is called
Anestetic [448]

Answer:

Persom

Explanation:

5 0
2 years ago
Marta’s Online Store Sells Accessories For A Widely Used Smartphone, And Her Current Customer Base Shares A Number Of Relevant C
Rashid [163]

Answer:

3- Device Types

4- Location

Explanation:

These 2 settings can help Marta in targeting the specific audience she wants to.

  1. Location Settings allows your campaign to reach the location of your choice, where Marta feels that the most relevant audience belongs.  For example, if she feels that her customers mainly belong to Houston, so she could specify her campaign to Houston to save money instead of running the campaign in every part of the country.
  2. Device Type, specifying this category would allow limiting her audience to only specific people who are active on cellphones as mostly that's her customer base.
8 0
3 years ago
"When the price of a product rises, consumers purchase less of that product." This statement describes:
IRINA_888 [86]

Answer:

ummmmm hold

Explanation:

7 0
2 years ago
Read 2 more answers
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