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Although More Price- Conscious Than Other Population Segments,consumers Tend to Be

question 18

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Although more price- conscious than other population segments,consumers tend to be strongly motivated by quality and selection.Brands are important.They seem to enjoy shopping more than other ethnic groups do.


Definitions:

Cost Center

A business unit that does not directly add to profit but still incurs costs, such as a human resources department.

Cost Center

A part of an organization that does not directly add to profit but incurs costs, such as the customer service department.

Profit Center

A branch or division of a company that is treated as a separate entity for the purpose of revenue and profit calculation, allowing for better management and financial analysis.

Profit Center

A part or division of a business that is directly responsible for generating its own revenue and profit, allowing for assessment of performance.

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