Demographic Variables Are Used for Segmenting the Markets Very Often

question 62

True/False

Demographic variables are used for segmenting the markets very often because it is the most effective way of segmentation.

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Definitions:

Cold Punch

A method or process where metal is shaped or cut at room temperature, as opposed to heating it, preserving material strength and tolerances.

Synthetic Oil

A lubricant consisting of chemical compounds that are artificially made (synthesized) from base chemicals rather than whole crude oil.

Mineral Base Lube

A lubricant derived from mineral oils, used for a variety of applications including engines and machinery for reducing friction.

Incompatible Additives

Chemicals that when mixed with others in vehicle fluids can cause negative reactions or degrade the performance of the fluid.