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If a Marketer Decides to Segment a Market Based on Neighborhoods

question 99

Multiple Choice

If a marketer decides to segment a market based on neighborhoods, the marketer will have chosen the ________ method of segmentation.


Definitions:

Average Cost Retail Inventory Method

A method used in retail to estimate ending inventory value by combining the cost-to-retail price ratio with the retail price of goods available for sale.

Ending Inventory

The cumulative worth of products ready for purchase at the close of a financial cycle.

Employee Discounts

Reductions in price offered to employees of a company as a part of their employment benefits, encouraging them to purchase products or services from the employer.

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