Demographic profiles of customers provide an easily understood "snapshot" of the typical consumer in a specific target market.
Answer the following statement true (T) or false (F)
True
Demographics provide an easily understood snapshot of the typical consumer in a specific target market.
You might also like to view...
Grupo Elektra entered the new millennium keen on rapid diversification. One option was to extend its mass-market retail interests. Though it did expand prudently in South America, it rejected retail store development in the United States, despite a large potential Hispanic market especially in California. Instead, it diversified, notably into television and telecommunications. Examine this 2000 strategic decision critically from the vantage point of decision makers.
What will be an ideal response?
Preexisting Duty. New England Rock Services, Inc, agreed to work as a subcontractor on a sewer project on which Empire Paving, Inc, was the general contractor. For drilling and blasting a certain amount of rock, Rock Services was to be paid $29 per
cubic yard or on a time-and-materials basis, whichever was less. From the beginning, Rock Services encountered problems. The primary obstacle was a heavy concentration of water, which, according to the custom in the industry, Empire should have controlled but did not. Rock Services was compelled to use more costly and time-consuming methods than anticipated, and it was unable to complete the work on time. The subcontractor asked Empire to pay for the rest of the project on a time-and-materials basis. Empire signed a modification of the original agreement. On completion of the work, Empire refused to pay Rock Services the balance due under the modification. Rock Services filed a suit in a Connecticut state court against Empire. Empire claimed that the modification lacked consideration and was thus not valid and enforceable. Is Empire right? Why or why not?
A check register shows a balance of $3.75 before adding two deposits of $0.91 and $210.35, and writing two checks for $147.98 and $39.46 . Compute the new cash balance shown in the check register
Jonathan's team has to decide whether or not to pursue a new business opportunity in Japan. He split the team into opposing sides and has them engage in role-playing to help them consider the decision from multiple perspectives. This is an example of __________ conflict.
a. multicultural b. personality c. intragroup d. programmed