What Is the Analytical Technique Used to Examine Consumer Lifestyles

question 4

Multiple Choice

What is the analytical technique used to examine consumer lifestyles and to categorize consumers?

• A)acculturation analysis
• B)demography
• C)socialization
• D)psychographics

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Definitions:

Quality Design

The process of planning and executing the production of goods or services to meet specified quality standards and fulfill customer expectations.

Teamwork

The collaborative effort of a group to achieve a common goal or complete a task in the most effective and efficient way.

Centralized Decision Making

A decision-making structure where major decisions are made by a small group of individuals or a single person at the top of the organizational hierarchy.

Motivating

The process of stimulating individuals or groups to act in a way that achieves a desired outcome or goal.