The Importance of Demographic Variables in Market Segmentation Has Declined

question 6

Multiple Choice

The importance of demographic variables in market segmentation has declined in recent years because such variables ________.

• A) cannot be quantified accurately
• B) change as markets become global
• C) fail to predict consumer behavior
• D) require sophisticated market research methods

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Definitions:

Early Childhood

A critical period in human development that spans from birth to 8 years, characterized by rapid physical, cognitive, and emotional growth.

Functionalists

A perspective in psychology that focuses on how mental and behavioral processes function - how they enable the organism to adapt, survive, and flourish.

Specific Behaviors

Observable actions or reactions of an individual, often in response to external stimuli.

Adapt to Environment

The process by which organisms adjust to changes in their surroundings to survive and reproduce.