Segmenting markets means that a company is ________.

A. selecting the markets to attack in the marketplace
B. identifying the customers who have frequently purchased competitor's products or services
C. dividing the market into meaningful smaller markets based upon common characteristics
D. selecting a corporate position to communicate to potential customers
E. identifying and calculating the churn rate in different markets


Answer: C

Business

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Adam wants to buy a washing machine and is looking for something that is not too expensive. When he goes to make the purchase, he finds there are two options that meet his requirements

One is a Maytag product, while the other is a newly imported South Korean brand. Adam is not very familiar with the latter and does not hesitate in choosing Maytag. This example implies that ________. A) the imported brand will not survive the competition from Maytag B) Maytag has a positive customer brand equity C) the South Korean company has a low advertising budget D) the imported brand is unreliable E) the Maytag washing machine has better features than the imported brand

Business

Which of the following occurs when a corporation's board of directors declares a 10% stock dividend?

A) Stock Dividends will be credited for the new shares times the current market value of the stock. B) Stock Dividends will be debited for the new shares times the current market value of the stock. C) Stock Dividends will be debited for the new shares times the par value of the stock. D) Stock Dividends will be credited for the new shares times the par value of the stock.

Business

Investing activities on the statement of cash flows generate cash inflows and outflows related to borrowing from and repaying principal to creditors and completing transactions with the company's owners such as selling or repurchasing shares of common stocks and paying dividends.

Answer the following statement true (T) or false (F)

Business

An elaborate readiness process is considered to a(n):

A) process management scenarios. B) change management prerequisite. C) "best practice." D) key project indicator.

Business