In the Context of Family Life Cycle Segmentation,which of the Following

question 49

Multiple Choice

In the context of family life cycle segmentation,which of the following statements is true?

• A) Young divorced couples without children have the lowest purchase rate.
• B) Middle-aged married couples with or without children have high average purchase of durables.
• C) Young married couples with children have high liquid assets.
• D) Middle-aged divorced couples without dependent children are least satisfied with their financial position.

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Definitions:

Factoring

A financial transaction where a business sells its accounts receivable to a third party at a discount to immediately generate cash.

Authenticating

The process of verifying the identity of a user or device, often as a part of securing access to systems and information.

Securing Payment

Methods or practices involved in ensuring that payments for goods or services are received in a timely and secure manner, including through contracts, guarantees, or electronic means.

Business-to-Business (B2B)

transactions or relations conducted directly between companies rather than between companies and individual consumers.