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The Public Transportation System in the Toronto Area Conducted a Survey

question 151

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The public transportation system in the Toronto area conducted a survey that revealed respondents could be assigned to one of four categories: (1) people who never used mass transit, (2) people who used mass transit in the past but not now, (3) people who used mass transit occasionally, and (4) people who used mass transit regularly. These groups have significantly different perceptions about transportation alternatives. Which type of segmentation is this?


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Planning Budget

A financial plan that outlines projected income and expenses over a future period, used to guide a business's strategic planning.

Revenue Variance

This is the difference between actual revenue earned and the expected or budgeted revenue.

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