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What Does Ocular Mean

question 60

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What does ocular mean?

Differentiate between empirical and theoretical aspects of economics.
Comprehend the impact of external factors on economic indicators and outcomes.
Grasp the significance of testing economic theories with data (empirical economics).
Understand the role of equity concerns in economic policy arguments.

Definitions:

Loyalty Segmentation

The process of dividing a customer base into groups based on their loyalty and purchasing behavior to tailor marketing strategies more effectively.

Marketing Mix

The combination of factors that can be controlled by a company to influence consumers to purchase its products, often summarized as product, price, place, and promotion.

Targeting

involves selecting specific segments of a market as the focus of a marketing campaign or strategy, to more effectively reach potential customers.

Demographic Segmentation

The process of dividing a market into segments based on demographic factors such as age, gender, income, education, and family size.

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