Geodemographic Segmentation Combines Geographic,demographic,and Lifestyle Segmentations

question 103

True/False

Geodemographic segmentation combines geographic,demographic,and lifestyle segmentations.

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Definitions:

Outsourced Production

The practice of contracting external parties to produce goods or deliver services traditionally performed by the company's own employees or facilities.

Trade Agreement

A treaty or pact between two or more nations that outlines how they will work together to ensure mutual benefits in trade.

Royalty

A payment made to the owner of certain types of property, such as patents or copyrights, for the right to use that property.