Explain the Three Types of Accounting Changes and Provide an Example

question 53

Essay

Explain the three types of accounting changes and provide an example for each.

---

Definitions:

Psychographically

An adverb relating to psychographics, the study of personality, values, opinions, attitudes, interests, and lifestyles of individuals or groups for marketing and other purposes.

Create Needs

The marketing strategy of generating new desires or needs among consumers for products or services they may not have previously considered.

Consumer Researcher

A professional who studies the behavior, preferences, and trends of consumers in order to better understand and predict their purchasing decisions.

Interests And Values

Personal preferences and core principles that influence individual behavior and decision-making.