________ Helps a Company to Market More Effectively in the Face

question 62

Multiple Choice

________ helps a company to market more effectively in the face of pronounced
regional and local differences in demographics and lifestyles.

• A) niche marketing
• B) psychographic marketing
• C) local marketing
• D) social segmentation
• E) individual marketing

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Definitions:

Aggregate Consumption

The total amount of goods and services consumed in an economy over a given period of time.

Consumption Function

A formula that expresses the relationship between total consumption and gross national income.

Standard Deviation

A statistic that measures the dispersion or variability of a dataset relative to its mean, used to quantify the amount of variation or dispersion of a set of values.

Aggregate Income

The total income earned by all factors of production in an economy, including wages, rents, interest, and profits.