Explain How Understanding Consumer Behavior Helps Marketers

question 62

Essay

Explain how understanding consumer behavior helps marketers.

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Definitions:

Military Hardware

Physical, tangible equipment and weapons used by armed forces, such as tanks, aircraft, and ships.

Public Finance

The study of government revenue (taxation) and government expenditure policies and their impact on the economy.

Expend Money

The act of using or spending money for the purchase of goods, services, or other financial obligations.

Payout Rates

The proportion of earnings or profits distributed to shareholders or participants, usually expressed as a percentage of the investment.