Which of the Following Is a Similarity Between Demographic Segmentation

question 156

Multiple Choice

Which of the following is a similarity between demographic segmentation and psychographic segmentation?

• A) Both divide markets based on consumer characteristics.
• B) Both divide markets based on where consumers live.
• C) Both divide markets based on how people behave toward various products.
• D) Both are categories of business market segmentation.

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Definitions:

Faultline

Hypothetical dividing lines within a team or group that split members into subgroups based on one or more attributes.

Cross-functional Teams

Teams composed of members from different departments or areas of expertise within an organization, working together toward a common goal and fostering innovation through diverse perspectives.

Unique Knowledge

Information or insights that are possessed by an individual or group, which are not widely known or shared among others.

Integrating Diverse Knowledge

The practice of combining varied pieces of knowledge from different sources or disciplines to create new insights or solutions.