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Psychographic Segmentation Is Primarily Based on Studies of How People

question 84

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Psychographic segmentation is primarily based on studies of how people spend their money,their patterns of work and leisure,their interests and opinions,and their views of themselves.


Definitions:

Labour Relations

The study and practice of managing relationships between employers and employees, focusing on negotiation, collective bargaining, and workplace rights.

Net Benefit

The total positive effects or gains of a project or action, after subtracting the costs or negative aspects.

Benefit-Cost Ratio

A financial metric used to evaluate the efficiency of an investment, comparing the benefits received to the costs incurred.

Return On Investment

A financial ratio intended to measure the benefit obtained from an investment relative to its cost.

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