Characteristics and Traits Such as Age, Gender, Race, Marital Status

question 57

Multiple Choice

Characteristics and traits such as age, gender, race, marital status, income, education, and occupation are widely used in segmentation.

• A)geographic
• B)psychographic
• C)competitive
• D)demographic

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Definitions:

Liabilities

Economic responsibilities or liabilities a corporation must repay to creditors, involving the transfer of economic advantages over time.

Assets

Economic resources owned or controlled by a business, expected to bring future benefits, such as cash, inventory, and equipment.

Balance Sheet

A financial statement that provides a snapshot of a company's financial condition at a specific point in time, including assets, liabilities, and shareholders' equity.

Alphabetical Order

A method of organizing items based on the sequence of the letters in their names from A to Z.