Age and Gender Are Examples of Segmentation Variables

question 80

True/False

Age and gender are examples of segmentation variables .

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Definitions:

Depreciated

The reduction in the value of an asset over time due to wear and tear or obsolescence.

Ordinary Maintenance

Routine upkeep and repair of equipment and facilities to keep them in their original condition without significantly enhancing their value or extending their life.

Book Value

The net asset value of a company calculated by total assets minus intangible assets (patents, goodwill) and liabilities.

Market Value

The existing rate at which an asset or service can be sold or acquired.