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S.K Investment Group is a firm based in Chicago that provides financial services to its clients.The marketing department of the firm segments its market based on the amount invested,frequency of transactions,and type of investments purchased.The firm creates 5 meaningful categories for each of the 3 variables.Calculate the possible market segments for S.K Investment Group.
Marketplace Trends
Observations of general directions in which markets move, influenced by consumer behavior, technological advancements, and economic factors.
Prediscussion Polling
The practice of gauging opinions or attitudes of individuals before a discussion or meeting takes place.
Common Information Effect
The tendency for group members to focus on information that all members share, often at the expense of unique information held by individual members.
Discussion
A process in which individuals exchange ideas, opinions, or information through spoken or written communication.
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