Although it may seem logical to target higher-income consumers, many marketers choose to target lower-income segments becauseĀ 

A. higher-income consumers are harder to reach.
B. higher-income consumers require more company resources.
C. higher-income consumers represent a much larger population globally.
D. lower-income consumers require fewer company resources.
E. lower-income consumers represent a much larger population globally.


Answer: E

Business

You might also like to view...

On January 1, Fashion Forward Magazine received $15,000 from subscribers for the annual subscriptions that it recorded in Unearned Subscription Revenue. The issues of the magazine are mailed to subscribers quarterly. What amount of subscription revenue should the magazine recognize on March 31 when the first issue is sent in March?

A. $1,250. B. $0. C. $7,500. D. $3,750. E. $15,000.

Business

________ refers to the social traits that are shared by a human population.

A. Race B. Ancestry C. Nationality D. Ethnicity

Business

Beane Inc., an entrepreneurial venture, does not have any distinctive services when compared with the well-established competitors in the same field, and the business will require a sizable investment. In which quadrant of the entrepreneurial strategy matrix will the venture be placed?

A. medium innovation/low risk B. low innovation/low risk C. high innovation/high risk D. low innovation/high risk E. high innovation/low risk

Business

If an investment project would make use of land which the firm currently owns, the project should be charged with the opportunity cost of the land.

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

Business