Which of the Following Is a Segmentation Technique That Acknowledges

question 51

Multiple Choice

Which of the following is a segmentation technique that acknowledges that changes in family composition and income alter household demand for products and services?

• A) product life cycle (PLC)
• B) household core values (HCV)
• C) household elasticity segmentation
• D) household demand segmentation
• E) household life cycle (HLC)

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Definitions:

Fixed Manufacturing

Costs associated with manufacturing that remain constant, regardless of the level of production, such as rent, salaries, and equipment depreciation.

Flexible Budget

A budget that adjusts or varies with changes in volume or activity, providing a valuable tool for performance evaluation.

Master Budget

A master budget integrates various financial plans and forecasts of a company, serving as a comprehensive financial framework for the upcoming fiscal period.

Direct Materials

Basic materials that can be directly linked to the creation of a product and are essential components of the end product.