Target Markets in Retailing Are Often Defined by Demographics,geographic Boundaries,and

question 5

True/False

Target markets in retailing are often defined by demographics,geographic boundaries,and psychographics.

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Definitions:

Neurological

Pertaining to the nervous system, including the brain, spinal cord, and nerves, involving the study and treatment of its structure, functions, and disorders.

Sensorimotor Stage

Piaget’s first stage of cognitive development, which lasts through infancy and is generally characterized by increasingly complex coordination of sensory experiences with motor activity.

Cognitive Development

The progression of learning and mental abilities, including thinking, problem-solving, and decision-making, from infancy through adulthood.

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of data values.