Which of the Following Is an Example of a Short-Term

question 67

Multiple Choice

Which of the following is an example of a short-term debt?

• A) Utility bill.
• B) Car loan.
• C) Student loan.
• D) Mortgage.

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Definitions:

Psychographic Segmentation

This marketing technique categorizes consumers based on psychological characteristics, including habits, hobbies, spending habits, and values.

Activity Segmentation

The process of dividing a market into groups based on their activities, interests, or opinions to better target marketing efforts.

Accessible

Something that is easily approachable, entry, or use by people with disabilities or by the general populace.

Demographic Segmentation

The division of a market into segments based on demographic factors like age, gender, income, education, and family size to target specific customer groups.