Which of the Following Statements Demonstrates the Formation of a Segment

question 89

Multiple Choice

Which of the following statements demonstrates the formation of a segment based on demographics?

• A)A local restaurant is open for breakfast and lunch, and then closes at 3:00PM.
• B)GE has developed a microwave that can run on batteries.
• C)"University Park" is a new set of student apartments rented exclusively to graduate students.
• D)Procter & Gamble offers a $1.00 coupon when consumers purchase three bottles of Pert Shampoo.
• E)Cengage Publishing Company publishes a magazine called "Taste of Living" specifically for audiences who enjoy cooking and trying new recipes.

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Definitions:

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time.

Voting Stock

Shares that give the holder the right to vote on company matters, such as electing the board of directors.