1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sukhopar [10]
3 years ago
7

Take a quick look at all the market segments by clicking on the SEGMENTS/SUMMARY tab. As you analyze the opportunity for each se

gment, pay particular attention to the DEMOGRAPHICS for each segment. As you do so, note the SEGMENT SIZE of each market and its GROWTH RATE. From looking at the information provided about each segment, which segment represents the greatest portion of the entire market at close to 36%?
Business
1 answer:
nignag [31]3 years ago
5 0

Question Completion:

Demographic Data on Market Segments

Segment                         Market   Growth   Purchase   Average

                                          Size        Rate     Behavior      Price  

Urban Commuters       20,000         3%          23%        $45.00

School Children            35,000         1%          20%        $24.00

Outdoor Enthusiasts     14,000         5%          12%        $90.00

Luxury Trend Followers 5,000         7%           11%        $70.00

University Students      24,000        5%           15%       $32.00

Answer:

From looking at the information provided about each segment, the segment which represents the greatest portion of the entire market at close to 36% is:

School Children.

Explanation:

a) Data and Calculations:

Demographic Data on Market Segments

Segment                         Market   Growth   Purchase   Average   Market

                                          Size        Rate     Behavior      Price       Size %

Urban Commuters       20,000         3%          23%        $45.00     20.4%

School Children            35,000         1%          20%        $24.00     35.7%

Outdoor Enthusiasts     14,000         5%          12%        $90.00      14.3%

Luxury Trend Followers 5,000         7%           11%        $70.00        5.1%

University Students      24,000        5%           15%       $32.00      24.5%

Total market size         98,000

b) Market Size in percentage is computed as a ratio of each market segment to the total market size.  Companies engage in market segmentation and sizing by dividing a target market into smaller, more defined categories that share similar characteristics such as demographics, interests, needs, or locations.  The purpose is to identify the different groups within the target market so that more tailored and valuable goods and services can be provided to meet the customers' sweet spots.

You might be interested in
The recording of the factory labor incurred for general factory use would include a debit to:
DanielleElmas [232]
It would be a debit to FOH (Factory Overhead).
7 0
3 years ago
Any comparison of the advantages of one family structure over another depends partly on the parents and partly on the:
sergey [27]
The comparison will depend partly on the parents and partly on the CULTURE IN WHICH THE FAMILY LIVES. A child economic and social well being depends on a number of diverse factors, one of these is family structure. When comparing the economic wellness of children from different family structure, the culture in which the families live is also a significant factor which must also be considered.
6 0
3 years ago
Rainey Enterprises loaned $40,000 to Small Co. on June 1, Year 1, for one year at 6 percent interest. Required Show the effects
MariettaO [177]

<u>Explanation:</u>

Cash flow is a statement which shows the amount of cash inflow and outflow of the company. With the help of the cash flow statement the company can determine its efficiency in managing the debt and credit in the company.

The operations of the company can be found with the CFS. The investors to the company can understand the position of the company with the cash flow statements. Financial strength of the company can be determined with cash flow statement.

7 0
2 years ago
Sarafiny Corporation is in the process of preparing its annual budget. The following beginning and ending inventory levels are p
I am Lyosha [343]

Answer:

See below

Explanation:

Raw materials purchased is computed as;

Raw material purchase = Ending inventory + required for production - beginning inventory

= 50,000 + ((80,000 + 770,000 - 30,000) × 3) - 60,000

= 50,000 + 2,460,000 - 60,000

= 2,450,000 grams

8 0
3 years ago
Why are developing countries experiensing rapid population growth while developed countries are growing slowly or not at all?​
Mekhanik [1.2K]

Answer:

Population growth in developing countries will be greater due to lack of education for girls and women, and the lack of information and access to birth control.

Carry learning!

Study hard!

Brainliest please!

Thank you

4 0
2 years ago
Other questions:
  • On August 4, Rothchild Company purchased on account 12,000 units of raw materials at $14 per unit. During August, raw materials
    12·1 answer
  • If f(x)=7-3x and g(x)=3x-7, what is the value of f(1) + g(1)
    7·1 answer
  • Which of the following group of countries is more likely to lag in terms of green practices, according to the IBM study mentione
    9·1 answer
  • National savings is equal to the sum of private savings and public savings. To make our notation a bit easier, we will call nati
    11·1 answer
  • Thad Morgan, a motorcycle enthusiast, has been exploring the possibility of relaunching the Western Hombre brand of cycle that w
    13·1 answer
  • Which of the below factor into the price of a company's stock?
    10·1 answer
  • In order to present an accurate picture of the financial health of his company, Bob reported all of the expenses that had been i
    6·1 answer
  • Effects of internal migration to the labour force​
    14·1 answer
  • Which of the following exemplifies a change in buyers' tastes? Multiple choice question. A decrease in national income because o
    5·1 answer
  • wilson brothers partnership has the following income and expense items: gross receipts $500,000 cancellation of debt 15,000 roya
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!