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Luda [366]
2 years ago
8

Stephanie has been segmenting the market to help her grow her catering business. She is now at final stage in the segmentation p

rocess, and she will develop profiles for the customer groups. Why is this important
Business
1 answer:
Pavlova-9 [17]2 years ago
7 0

Market segmentation to help Stephanie grow her catering business is important as profiling for groups of customers helps marketers develop communication and promotion plans to reach that specific group of customers.

<h3 /><h3>What is market segmentation?</h3>

Corresponds to the study and research of potential consumers in a market that seeks to divide them into different groups that have similar characteristics, such as preferences and needs, to identify the target audience most aligned with a company's business.

Therefore, through market segmentation, a company is able to identify its potential consumer in a heterogeneous market, being a marketing tool that helps in aligning products and services to consumer needs and desires.

Find out more about market segmentation here:

brainly.com/question/8903427

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What three major federal taxes bring in most revenue ?
kumpel [21]

Income taxes, payroll taxes, and corporate income taxes.

Income taxes = individual employees pay out of their earnings

Payroll Taxes = social security tax, medicare, and unemployment tax. These are paid partially by the employees and partially by the employers

Corporate income taxes = paid by businesses as a percentage of their profits

6 0
3 years ago
The local newspaper receives several complaints per day about typographic errors. Overa seven-day period, the publisher has rece
jenyasd209 [6]

Answer:E

Explanation:

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5 0
3 years ago
New Products pays no dividend at the present time. Starting in Year 3, the firm will pay a dividend of $.25 per share for two ye
maksim [4K]

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$3.56

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Please see attachment .

8 0
3 years ago
Until August 1971, industrialized countries around the world maintained a fixed exchange rate of their currencies with the US do
Alona [7]

Answer:

Explanation:

A forward exchange rate is the quoted price for a unit of foreign currency to be delivered at a specified date in the future.

The government sets a fixed exchange rate that is allowed to fluctuate only slightly (if at all) around the par value.

When American customers import more from Europe than they export to Europe, the euro appreciate relative to the dollar.

The depreciation or appreciation of a currency refers to a decrease or increase, respectively, in the foreign exchange value of a floating currency.

Under a managed floating regime, the government plays a significant role in managing the exchange rate by manipulating the currency's supply and demand.

Currencies under such a regime are nonconvertible currencies.

8 0
3 years ago
Read 2 more answers
In a market with an upward sloping supply curve and a downward sloping demand curve, when the actual price must be higher than t
blondinia [14]

Answer:

excess supply

Explanation:

If price is higher than equilibrium price, quantity demanded would fall while quantity supplied would increase. This is in line with the law of demand and supply

according to the law of supply, the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.

According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

This accounts for why the supply curve is positively sloped.

6 0
3 years ago
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