Which of the Following Is Considered to Be a Fixed

question 157

Multiple Choice

Which of the following is considered to be a fixed cost of operating an automobile?

• A) Gasoline.
• B) Tires.
• C) Oil change.
• D) Maintenance.
• E) Registration fees.

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Definitions:

Market Segmentation

The practice of dividing a broad target market into subsets of consumers who have common needs, interests, and priorities, and then designing and implementing strategies to target them.

Market Aggregation

The practice of treating an entire market as a single entity by offering a single product or service to all customers, ignoring segmentation.

Gantt Chart

A visual project management tool that displays tasks or activities against time.

Marketing Action Memo

A document or communication that outlines specific marketing actions to be undertaken, including goals, strategies, and responsible parties.