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Korvikt [17]
3 years ago
8

Market segments are homogeneous in two ways: prospective buyers will respond similarly to marketing action and they

Business
1 answer:
iren2701 [21]3 years ago
7 0

There are different reasons for market segmentation. Market segments are homogeneous in two ways: prospective buyers have common needs and they  will respond <u>similarly </u>to marketing <u>action</u>.

<h3>Why market segments? </h3>

The reasons set aside for a market segment are;

  • Homogeneity among the different segment's specific needs.
  • Its uniqueness
  • A specific reaction to marketing tactics.

The reaction that arises from the market segments to marketing plans or strategies is said to be very well known by people. The market segment traits are interests, lifestyle, age, etc.

See full question below

Market segments are homogeneous in two ways: prospective buyers have common needs and they

a.) use traditional forms of media on a regular basis.

b.) are in the same income bracket.

c.) are likely to be open to brand-switching.

d.) can be convinced to share common wants.

e.) will respond similarly to marketing action.

Learn more about  market segments from

brainly.com/question/5545577

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The balance of the equation at end of year 3 is   $417,600

Explanation:

                           Assets                        =Liabilities          +shareholders' equity

                    Land +cash                           Bonds payable     retained earnings

1/1/year 2                   $360,000                  =$360,000

1/1/year 2 $360,000 ($360,000)                

31/12/year2                $53,500                         =                                     $53,500

31/12/year2              ($28,800)                      =                                      ($28,800)                          

Balance                              $388,800          =                                       $388,800

Opening balance                $388,800=                                              $388,800

31/12/year3                            $53,500=                                               $53,500

31/12/year3                           ($28,800)=                                              ($28,800)                                

Balance                               $ 417,600                                                $417,600

                                             

The interest on bond=$360,000*8%=$28,800

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