While Africa Should Have Grown Faster Than Other Developing Areas

question 39

Multiple Choice

While Africa should have grown faster than other developing areas because of its relatively low income per head, it has grown more slowly.This was because some of its countries had policies of:

• A)higher trade barriers
• B)low tax rates
• C)excessive saving rates
• D)all of the above

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Definitions:

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.

Behavioral Segmentation

The process of dividing a market into groups based on consumer behaviors, such as purchasing habits or product usage.