Demographic Segmentation Is Best Described as Using Characteristics of ________

question 38

Multiple Choice

Demographic segmentation is best described as using characteristics of ________ to segment the market.

• A) human populations
• B) geography
• C) economics
• D) political stability
• E) government regulations

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Definitions:

Risk

The exposure to the chance of loss or damage.

Financial Institutions

Organizations that provide financial services, including banks, credit unions, insurance companies, and investment firms.

Financial Intermediaries

Institutions that act as a middleman between savers and borrowers, including banks, investment funds, and insurance companies.

Budget Deficit

The situation where a government's expenditures exceed its revenues over a specific period of time, leading to a need for borrowing or spending cuts.