In the geographic segmentation approach, markets are divided into units based on consumers' occupations and lifestyles.
Answer the following statement true (T) or false (F)
False
In the geographic segmentation approach, markets are divided into different geographic units. These units may include nations, states, counties, or even neighborhoods. Consumers often have different buying habits depending on where they reside.
You might also like to view...
Answer the following statement(s) true (T) or false (F)
1. In the eyes of neoclassical economists discrimination in the workforce will get resolved on its own due to the forces of the market economy. 2. By law, affirmative action plans may not include quotas. 3. The United States has been using the term 'affirmative action' since shortly after World War II when minority veterans begin returning home. 4. Providing businesses with incentives to recruit employees from designated groups is one of the strategies countries use to promote affirmative action. 5. Trade unions have no part of promoting positive action policies that is strictly a management responsibility.
Osiris Corporation located a piece of vacant land, which it thought was a good investment for speculative purpose. Tommy Tolles, a director, approached the owner before Osiris Corporation's real estate agent did and bought the property
Tolles later resold the property for a profit. The corporation wants to take action against Tolles. What can it do? A) Nothing as that is the competitive, free enterprise system B) Remove Tolles from the board of directors C) Sue Tolles for the amount of any profit D) Prohibit Tolles from paying a dividend E) Both B and C
If Jane persuades Linda to buy her horse by telling Linda that the horse runs "like the wind," then Jane's statement is:
a. fraud. b. misrepresentation. c. a unilateral mistake. d. puffery.
Which of the following is NOT a characteristic of stock-out costs?
a. They are inversely related to carrying costs. b. They can be tangible costs. c. They can be intangible costs. d. They are directly related to setup costs.