Examlex
Which of the following statements illustrates why stereotypes should be avoided when using age and life cycle segmentation?
Old women love to shop; young women love it more!
Most 10-year-old boys are mischievous.
Some 70 year olds require wheelchairs; others play tennis.
The majority of 20 year olds have to work; the same holds true for 30 and 40 year olds.
both C and D
Net Income
The total profit of a company after subtracting all expenses from revenue.
Assets
Resources owned or controlled by a business, expected to bring future economic benefits.
Liabilities
Financial obligations or debts owed by a business to external parties, which must be settled over time through the transfer of economic benefits.
Insurance Premium
A periodic payment made by an individual or company to an insurance company in exchange for coverage against specified risks.
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