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Marat540 [252]
3 years ago
14

When JCPenney markets its Sandra Salcedo line of clothing to Hispanic women in Texas and Northern California, but not to other a

reas like Los Angeles, it is likely because _____ segmentation suggests sales are more likely to come in those regions.
Business
1 answer:
viktelen [127]3 years ago
8 0

Answer:

geodemographic

Explanation:

Geodemographic is a combination of both demographic segmentation (based on income, age, gender, ethnicity, education level, etc.) and geographic segmentation (based on geographic areas: neighborhoods, cities, states or even nations).

Geodemographic segmentation classifies neighborhoods, towns, or even larger areas depending on the demographic traits that most of there residents share in common. In this case, California and Texas have very large Latino populations, e.g. more than 11 million Latinos in Texas and 15 million Latinos in California.

*Being Latino is not a race, it is a culture, for example 81% of the people in Texas are considered white but Latinos account for 40% the state's population.

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Worlds of Fun is preparing to open its newest theme park in Shanghai. Once open, the marketing department will be collecting lot
erik [133]

The correct answer would be, Primary Data.

This type of research is described by marketing professionals as the collection of Primary Data.

Explanation:

There are two types of data that is being collected and used for a research. They are as follows:

  1. Primary Data
  2. Secondary Data

Primary data is the data which is collected for the purpose for which the research is being conducted. Secondary data is the data which was collected for some other purpose but can be used in the current research as well.

So when the marketing department will collect a lot of information on what customers want while they are at the park, through surveys and direct questioning, the team of marketing department will basically be collecting the Primary data for their research in which they will come to know about the customer needs and wants directly.

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6 0
2 years ago
Which entry records the investment of cash by John, owner of a sole proprietorship?
mote1985 [20]
The answer is: D - Debit Cash; credit John, Capital.

Explanation:

The entry records the investment of cash by John, owner of a sole proprietorship is: Debit Cash; credit John, Capital.
4 0
3 years ago
the economy was in long-run equilibrium when aggregate demand increased. at this point in time, the expected inflation has start
artcher [175]

The eco-nomy was in long-run equilibrium when aggre-gate demand increased. At this point in time, the expec-ted inflation has start-ed to adjust to the new high-er actual inflation rate. Accor-ding to the (Friedman) natural rate the-ory, this means the unemploy-ment rate in the economy must curr-ently be <u><em>below the natu-ral rate</em></u>.

Milton Friedman defi-ned the natural rate of unemploy-ment as the level of unemployment that result-ed from real economic forces, the long-run level of whi-ch could not be altered by monet-ary policy. Accor-ding to the general equili-brium model of economics, natural unemploy-ment is equal to the level of unemploy-ment of a labor mark-et at perfect equilibrium.

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3 0
1 year ago
at what point described below will producer surplus most likely drop to zero for a firm? a.) when the firm is taking a significa
kherson [118]

(B) When revenue equals opportunity and variable cost, then the producer surplus most likely drops to zero for a firm.

<h3>What is revenue?</h3>
  • The total income derived from the sale of products or services pertaining to a business's core operations is referred to as revenue.
  • Because it appears at the top of the income statement, revenue, which is also known as gross sales, is frequently referred to as the "top line."
  • A company's overall earnings or profit are referred to as income or net income.
  • Although both revenue and profit are positive indicators for your company, they are not the same thing.
  • The producer surplus for a firm will probably reach zero when revenue equals opportunity costs and variable costs.

Therefore, (B) when revenue equals opportunity and variable cost, then the producer surplus most likely drops to zero for a firm.

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3 0
10 months ago
Market Research is necessary to discover the potential success of new and existing products. True False
arlik [135]
True Market Research is necessary to discover existing products
8 0
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