Demographic Data Are Meant to Be Used as a Tool

question 11

True/False

Demographic data are meant to be used as a tool to stereotype audience members.

---

Definitions:

Forward Buy

A purchasing strategy where a buyer purchases more inventory than currently needed at a lower price, anticipating future price increases or supply shortages.

Peak Demand

The period of highest customer demand for a product or service, which can strain resources and require careful planning to manage effectively.

Overall Profitability

A measure of the total financial gain or success of a business after all expenses and costs have been subtracted from revenue.

Marginal Subcontracting Cost

The additional cost incurred for each unit or batch of production or service delivery that is outsourced to a subcontractor.