Answer:
The correct option is A, market segmentation
Explanation:
Market segmentation is the process of dividing customer base into distinct groups based on age,income,level of education,personality,perception and so on.
The purpose of segmenting the markets is for the organization to satisfy the needs of these different groups based on their unique characteristics and to able to sell to them goods that best match their status.
The scenario here is that Gap Inc,has successfully been able to discover the right set of people that its casuals best match.
Answer:
Checking emails frequently takes the focus away from the work. Usually, when the managers engage in strategic planning processes, it takes time and systematic thinking and development of plans.
However, emails are a vital part of business communications in this Era. And it should be given priority as well. However, having a specific time frame to read emails is essentials as this takes the focus and attention away.
Explanation:
Saving period = 70 - 50 = 20 years
Number savings, n = 20*12 = 240 months
Monthly savings, P = $300
Annual interest rate = 4% = 0.04
Monthly interest rate, r = 0.04/12
If FV is the amount saved at the time of retirement,
FV = P{(1+r)^n-1)/r} = 300{(1+0.04/12)^240-1)/0.04/12} = $110,032.39
Answer:
1. Helps in Comparison shopping.
2. Helps to access wider number of products with different feature offerings.
3. Results in improved product within less time duration which ultimately benefits consumer.
4. Helps in shaping the supplier behavior and achieve Environmental footprints
Explanation:
1. Helps in Comparison shopping
The comparison shopping helps the customer opt to the better product which better suits its needs and wants.
2. Helps to access wider number of products with different feature offerings
There are a lot of products which we don't know about. E-Marketing has allowed us to access these wider range of differentiated products.
3. Results in improved product within less time duration which ultimately benefits consumer.
The supplier to analyze what actually their customer wants from them in the long run and for this reason the internet presence of an organization helps to improve the product and customer experience.
4. Helps in shaping the Supplier behavior and achieve environmental footprints
The reason is that the increased importance of environment friendly products and tax exemptions on such products, the suppliers are forced to grow green. This customer behavior helps in transforming the supplier behavior which also benefits the customers and future generations as well.
