NASCAR Racing Fans Are Some of the Most Diverse and Loyal

question 182

Multiple Choice

NASCAR racing fans are some of the most diverse and loyal fans in the world.They will stand in the pouring rain,the freezing cold,or the blistering heat for hours to shake the hand and get the autograph of a NASCAR super driver.These fans are not concentrated in any one area,but are dispersed throughout the United States and Canada.Which type of segmentation would be most effective to determine a target market for a website designed to market NASCAR memorabilia?

• A)demographic
• B)psychographic
• C)geodemographic
• D)usage rate

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Definitions:

Debt Ratio

A financial ratio that measures the proportion of a company's total debt to its total assets, indicating the leverage level and financial health.

Mortgage-backed Securities

Investments secured by mortgages, which pay investors from the mortgage payments of homeowners.

Persistence

The tendency of a variable, phenomenon, or condition to continue its existing trend or state over a period.

Mutual Funds

Mutual Funds are investment vehicles that pool money from multiple investors to purchase diversified portfolios of stocks, bonds, or other securities.