Dividing an Overall Market into Homogeneous Groups Based on Gender

question 22

True/False

Dividing an overall market into homogeneous groups based on gender and age would constitute demographic segmentation.

Understand the function and classification of support departments within an organization.

Comprehend the principles of applying overhead costs in product costing.

Recognize the importance and challenges of accurately allocating support department costs.

Distinguish between direct and indirect costs associated with support departments.

---

Definitions:

Habituation

A psychological learning process wherein there is a decrease in response to a stimulus after being repeatedly exposed to it.

Acquisition Behavior

A behavioral psychology term referring to the process of learning new behaviors, often through conditioning.

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired: a response which is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.

Ivan Pavlov

A Russian physiologist known for his research on classical conditioning, demonstrating how organisms can learn to associate neutral stimuli with reflexive responses.