As a Marketing Tool in the United States,social Class

question 66

Multiple Choice

As a marketing tool in the United States,social class:

• A) is useful for lifestyle distinctions between groups
• B) is just a simple measure of income level
• C) offers few insights concerning consumer behavior
• D) is not used because the United States is a classless society
• E) has demonstrated that all classes of consumers shop in the same stores

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Definitions:

Income Summary

An account used in the closing process that summarizes the revenues and expenses for an accounting period, ultimately reflecting the period's net income or loss.