A Customer's Annual Income Is Considered a _______Variable

question 22

Multiple Choice

A customer's annual income is considered a _______variable.

• A) Demographic
• B) Psychographic
• C) Monetary
• D) Geographic

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Definitions:

Core Competencies

Unique abilities or strengths of an organization that provide competitive advantage and cannot be easily imitated by others.

Target Markets

These are specific groups of consumers or organizations a business aims to serve or sell its products and services to.

SWOT Analysis

A strategic planning tool that assesses an organization's strengths, weaknesses, opportunities, and threats.

Internal Issues

Problems or challenges that arise within an organization, affecting its functioning or performance.