Which of the Following Is Not True About a Fad

question 25

Multiple Choice

Which of the following is not true about a fad?

• A) A fad does not perform any meaningful function.
• B) A fad is adopted on impulse.
• C) A fad is short-lived.
• D) A fad trickles up and down through social classes.

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Definitions:

Promotion Strategy

The plan and implementation of communication from a company to its audience, aiming to increase awareness, sales, or engagement with a product or service.

Medtronic

A global healthcare solutions company known for its medical devices, technology, and services, including those for diagnosing and treating chronic conditions.

Market Segmentation

The practice of dividing a broad target market into subsets of consumers who have common needs, interests, and priorities, and then designing and implementing strategies to target them.

Market Aggregation

The practice of treating an entire market as a single entity by offering a single product or service to all customers, ignoring segmentation.