Segmentation Factors Divide Buyers into Different Groups Based on Social

question 37

Multiple Choice

segmentation factors divide buyers into different groups based on social class, lifestyle, or personality characteristics.

• A) Psychographic
• B) User status
• C) Geographic
• D) Demographic
• E) Behavioural

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Definitions:

Deferred Income Tax Asset

An accounting term that refers to a situation where a business has paid more taxes to the government than it currently owes due to differences in accounting practices.

Recording Conditions

The criteria or standards that must be met for transactions to be recorded in the financial statements.

Mutual Ownership

A form of ownership where an organization is owned by its members or customers, often seen in cooperative businesses or mutual insurance companies.