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In predicting demand for specific product categories over time, the usefulness of the family life cycle has been limited because they failed to take into account, all of the following, EXCEPT:
Credit Information
Data regarding an individual's or company's credit history, used by lenders to assess creditworthiness.
Business Firm
An organization engaged in commercial, industrial, or professional activities with the aim of earning a profit.
Percentage Discount
A reduction from the original price of goods or services, expressed as a percentage of the original price.
Cash Customers
Consumers who pay for goods or services with cash at the time of purchase, rather than using credit.
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