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DENIUS [597]
3 years ago
6

The identification of distinct groups of consumers whose purchasing behavior differs from others in important ways is known as _

_________.
Business
1 answer:
sineoko [7]3 years ago
7 0

Answer: Market segmentation

Explanation: Market segmentation is the activity of dividing a broad consumer or business market, normally consisting of existing and potential customers, into sub-groups of consumers based on some type of shared characteristics.

The segments created are composed of consumers who will respond similarly to marketing strategies and who share traits such as similar interests, needs, or locations.

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6 0
3 years ago
Xavier and alex plan on retiring 27 years from today. at that time, they plan to have saved the same amount. javier is depositin
hammer [34]

The amount by which Alex's deposit amount vary from Javier's if Alex also makes a deposit today, but earns an annual interest rate of 6.2 percent is $3381.39.

<h3>How to calculate the value?</h3>

We use the formula:

A=P(1+r/100)^n

where

  • A=future value
  • P=present value
  • r=rate of interest
  • n=time period.

Hence future value Javier will be:

=$15000*(1.052)^27

=$58,954.40

For Alex:

58,954.40=P*(1.062)^27

P=58,954.40/(1.062)^27

=$11618.61

Hence difference will be:

=15000 - 11618.61

= $3381.39

Learn more about interest on:

brainly.com/question/2294792

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3 0
2 years ago
Which output from sprint planning provides the development team with a target and overarching direction for the sprint?
Komok [63]
Sprint goal is the output from sprint <span>planning that provides the development team with a target and overarching direction for the sprint. The development team usually is committed to achieve the sprint </span>goal<span>. These goals are the result of negotiation between the owner of the product and the development team.</span>
4 0
3 years ago
Martha, a marketing researcher, is currently analyzing the information collected and determining what possible opportunities it
tatyana61 [14]

Answer:

Interpreting information

7 0
3 years ago
Establishing prices for razor blades that must be used with a razor blade system is known as ________ pricing.
Debora [2.8K]

Establishing prices for razor blades that must be used with a razor blade system is known as captive-product pricing.   Captive products are used for businesses to help maximize their revenue. Captive products are usually set at a high price whereas core products are set at a low price.  The company attracts customers when they purchase the core products at a low price but make their large profits off of captive products set at high prices.

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4 years ago
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