Applying the Principles of Audience Segmentation, We Know That Niche

question 10

Multiple Choice

Applying the principles of audience segmentation, we know that niche audiences are ______.

• A) fleeting and difficult to capture
• B) the most brand-loyal among consumers
• C) a more affluent, older demographic
• D) more important than large audiences

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Definitions:

Budgeted Income Statement

A projected financial statement that estimates a company's expected revenues, expenses, and net income for a future period based on a budget.

Production Facility Capacity

The maximum amount of goods a manufacturing facility can produce over a specific period under normal working conditions.

Finished Goods Units

The quantity of completed products available for sale or distribution at the end of a production process.

Sales Budgeted

This refers to a financial plan that estimates the expected revenues from sales within a specific period.