The Phrase "Birds of a Feather Flock Together" Captures the Idea

question 64

Multiple Choice

The phrase "birds of a feather flock together" captures the idea of ________ segmentation.

• A)geodemographic
• B)benefit
• C)psychographic
• D)loyalty
• E)geographic

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Definitions:

Retail Companies

Businesses that sell goods directly to consumers, typically operating from physical locations or through online platforms.

Proprietorship

A business owned by one individual.

Personal Assets

Personal assets include all property owned by an individual that has value, such as cash, real estate, investments, and personal belongings.

Liabilities

Financial obligations or debts that a company owes to others, recorded on the right side of the balance sheet.