Demographic Variables Are So Frequently Used in Market Segmentation Because

question 6

Multiple Choice

Demographic variables are so frequently used in market segmentation because they ________.

• A)create smaller segments
• B)create more easily reached segments
• C)do not involve stereotypes
• D)are easier to measure
• E)involve fewer attributes to consider

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Definitions:

Statute of Limitations

A law that sets the maximum period one can wait before filing a lawsuit, depending on the type of case or claim.

Consideration

The value (such as money, services, or goods) that is exchanged between parties in a contract, serving as the essential reason for a party entering into a legal agreement.

Binding Requirement

A legal or formal obligation that parties must adhere to.

Undue Influence

The excessive pressure or influence exerted by one person over another to persuade or coerce them into making decisions that may not be in their best interest.