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Most Self-Employed Persons Are Professionals

question 26

True/False

Most self-employed persons are professionals.

Understand the concept and process of market segmentation.
Define and differentiate between mass customization and build-to-order.
Comprehend product positioning and the strategies involved.
Describe the 80/20 rule and its significance in marketing.

Definitions:

Automatic Processes

Cognitive functions that occur without conscious awareness or effort, often simultaneously with other tasks.

Subconscious Processes

Mental activities occurring without conscious awareness, influencing perceptions, thoughts, and behaviors.

Controlled Processes

Tasks that require active and conscious effort and attention, such as learning something new.

Consciousness

An individual’s awareness of external events and internal sensations under a condition of arousal, including awareness of the self and thoughts about one’s experiences.

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