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3 years ago

Marketing segmentation is the combining of several groups to create a larger target market for a company’s goods and services.

Business

1 answer:

Allushta [10]3 years ago

6 0

Answer:

false

Explanation:

Market segmentation entails dividing target customers into smaller groupings based on their common shared traits. Segmentation places customers into small manageable groups with similar characteristics such as age, gender, interest, occupation, and geographical location. Customers in the same segment are highly likely to respond uniformly to marketing strategies.

Segmentation enables a business to carry out details research concerning each group. It then offers specific products based on the needs of each target segment.

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Suppose that in 2007, Ford sold 500,000 Mustangs at an average price of $18,800 per car; in 2008, 600,000 Mustangs were sold at

S_A_V [24]

Answer:

Actually suggests that there was an increase in the demands for Mustangs between 2007 and 2008

Explanation:

Two factors are important to consider in order to make the decision:

The first is the quantity of Mustangs sold

The second is the average price of Mustangs in each year

2007

500,000 Mustangs sold at an average price of $18,800

2008

600,000 Mustangs sold at an average price of $19,500

Implication

The quantity demanded of Mustangs in 2008 was so enormous that supply could not keep up with demand, hence, it created a gap between quantity demanded and quantity supplied. Once, there is a shortage of supply for a product the effect is that price of the product wil go up.

Therefore, the demand went up by 100,000 Mustangs in 2008 and since supply struggled to match this demand, the average price also went up by an aveage of $700

So, the statements show that the demand for Mustangs went up in 2008 and consumers were willing to pay more to get one.

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3 years ago

An offer has been presented to the sellers of a property. they ask their agent to change the terms through a counter proposal. t

andrezito [222]

As purchaser's operator, you would instruct them to modify the first contact. A buy contract can just have one counter joined, the purchaser can't pull back a counter, and no one but vendors can pull back the counter. They should sign another agreement comprehending what terms are worthy.

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3 years ago

Bonnie is writing a cover letter for a job application.She has written the introduction describing her strengths.However,she is

murzikaleks [220]

In the body of her letter I think she should start talking about her past experience with jobs and her experience with whatever jobs she's worked for before,

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3 years ago

Metcalf Company leases a machine from Vollmer Corp. under an agreement which meets the criteria to be a finance lease for Metcal

tresset_1 [31]

Answer:

the lease asset is $723,943

Explanation:

The computation of the lease asset is shown below;

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= $145,000 × 4.99271

= $723,943

hence, the lease asset is $723,943

The same would be considered

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3 years ago

In the early days of it, the cio would report to the ____ as it was seen as a way to control costs. as technology has become mor

Morgarella [4.7K]

<span>In the early days of it, the cio would report to the ____ as it was seen as a way to control costs. as technology has become more strategic and able to deliver a competitive advantage, cios now report directly to the ____.</span><span>

CFO; CEO</span>

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3 years ago