Answer:
MARKET SEGMENTATION, TARGET MARKETING
Explanation:
In marketing defining the customer that a product will serve is a very important step in making a profitable venture. If a product is promoted to a wrong customer, chances are they will not buy.
Two methods of determining who a product will serve are market segmentation and target marketing.
Market segmentation is the process by which a set of customers are divided into groups on the basis of some shared characteristics. For example education, income level, and demography.
Target marketing is a subset of the total market for a good or service. It is a group of people that have been identified and targeted for promotional efforts.
Answer:
The correct answer is letter "D": actual activity differing from expected activity levels.
Explanation:
A static or master budget is the estimate of expected expenses a firm outlines at the beginning of the operations of a period and remains the same during the period. A flexible budget estimates expenses over a period of operations but can be modified as many times as the operations require. The flexible budget reflects better the current activity of the organization.
Answer:
1. A traditional economy is a system that relies on customs, history, and time-honored beliefs.2 A market economy is a system where the laws of supply and demand direct the production of goods and services. A command economy is where a central government makes all economic decisions.
2. Gross domestic product (GDP) is the monetary value of all finished goods and services made within a country during a specific period. GDP provides an economic snapshot of a country, used to estimate the size of an economy and growth rate. GDP can be calculated in three ways, using expenditures, production, or incomes.
3. Globalization means the speedup of movements and exchanges (of human beings, goods, and services, capital, technologies or cultural practices) all over the planet. One of the effects of globalization is that it promotes and increases interactions between different regions and populations around the globe.
D is the answer I believe
