Brian's Is a Department Store

question 59

Multiple Choice

Brian's is a department store. It observes that most of its customers prefer weekly shopping and accordingly maintains its merchandise stock. Therefore, the store's segmentation is based on

• A) buying situation.
• B) demographics.
• C) income.
• D) personality.
• E) social class.

Use financial formulas to calculate the amount of interest paid over the life of a loan.

Plan financial goals such as saving for education, purchasing a home, or preparing for retirement by calculating necessary contributions.

Understand the factors affecting the accumulation and depletion of savings and investments over time.

Apply time value of money concepts to evaluate different financial decisions.

---

Definitions:

Speed Dating

A method of meeting potential romantic partners in which participants have brief conversations with a series of individuals in order to determine mutual interest.

Stalking

The act of repeatedly following, watching, or contacting someone in a way that is threatening or invasive.

Cyberdating

The process of engaging in romantic or sexual relationships through the Internet.

Superficial

Concerned with or understanding only what is on the surface, without depth in thinking or feeling.