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maria [59]
3 years ago
11

There are five steps involved in segmenting and targeting a market. What should a marketer do once she has developed a market-pr

oduct grid and estimated the size of markets?.
Business
1 answer:
lora16 [44]3 years ago
7 0

The marketer should select target markets once she has developed a market-product grid and estimated the size of markets.

<h3>What is a target market?</h3>

A target market being a group of customers that a business decides to aim its marketing efforts and ultimately products on. They are potential customers that one wish to sell products or services to.

Target market are the group of people in which the products are made for. The products are specifically tailored to certain set of people.

Hence, the marketer should select target markets once she has developed a market-product grid and estimated the size of markets.

Learn more about target market here : brainly.com/question/20812603

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John purchases a life insurance policy on his wife Betty where he pays the premium and he will receive the life insurance money
DanielleElmas [232]

Answer:

Policy owner

Beneficiary

Face amount

Insured

Explanation:

John is both the “Policy owner” and the “Beneficiary” who will receive the “ Face amount” upon the death of Betty, the “Insured”.

The term policy owner is used to refer to a person who buys and pays the premium. At the same time, a beneficiary is a person who receives the face amount that was on the name of the insured (Betty).

It is given that John has bought the policy and paying the premium so he is the owner. Moreover, he is the beneficiary because he is getting the insurance amount after the death of betty who is insured.

3 0
4 years ago
Would you measure the length of a bench in centimeter or in meters
givi [52]
It would be meters if it is like a city bench. If it is smaller than a city bench then Centimeters.
8 0
3 years ago
Ramiro Company purchased 40% of the outstanding stock of Marco Company on January 1. Marco reported net income of $90,500 and de
kirill [66]

Answer:

$27,600

Explanation:

A. To record equity income

Dr Investment in macro $36,200

Cr Equity income from macro $36,200

(40%×90,500= 36,200)

B.To record cash dividend

Dr Cash $8,600

Cr Investment in macro $8,600

(40%×21,500=8,600)

Therefore:

Increased in investment- macro company stock

$36,200-$8,600= $27,600

7 0
3 years ago
Read 2 more answers
Reasons a business might fail are
Basile [38]
It might fail because of competition.
3 0
3 years ago
Read 2 more answers
By building employees’ commitment to the organization, providing intrinsic as well as extrinsic rewards, and allowing all employ
Anettt [7]

Answer:

Decentralized Control

Explanation:

When the manager allows all employees to monitor product quality, it is because he is giving every employee a bit of control over the production process. This is the definition of decentralized control: instead of having top management oversee all aspects of the company, middle, lower management, and even operating workers are deemed capable enough to excercise control in specific aspects of the company.

Intrinsic and extrinsic rewards also are related to decentralized control because these rewards act as incentives for the employees to take on more responsability, and as the question correctly point out, they also help build commitment to the organization.

8 0
3 years ago
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