A Business Model Outlines How the Organization,or the EC Project,will

question 73

True/False

A business model outlines how the organization,or the EC project,will generate revenue through sales,transaction fees,advertising fees,affiliate fees,or other revenue sources.

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Definitions:

Demographic Variables

Characteristics of populations used to segment markets, such as age, gender, income, education, and ethnicity.

Age

A measure of the length of time that an individual or entity has existed, often used as a criterion in demographic segmentation and targeting.

Gender

A category into which humans and most other living beings are divided on the basis of their reproductive roles and functions.

Demographic Segmentation

Segmentation that divides markets by characteristics such as age, gender, income, education, and family size.