When the Benihana Frozen Foods Corporation Began to Offer Its

question 181

Multiple Choice

When the Benihana Frozen Foods Corporation began to offer its Famous Restaurant Classics meals in single serving packages, it was relying on a________ segmentation variable to define a market based on serving size.

• A)geographic
• B)regional
• C)lifestyle
• D)demographi c

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Definitions:

Harsh Penalties

Severe consequences or punishments imposed for violations of rules or laws.

Liquidity

The ease with which an asset can be converted into cash without affecting its market price.

Long-Term Obligations

Financial commitments or debts that are due for repayment beyond the current fiscal year.

Sarbanes-Oxley Act

A U.S. law enacted in 2002 to protect investors from fraudulent financial reporting by corporations.