Which of the Following Is NOT Likely to Be a Part

question 240

Multiple Choice

Which of the following is NOT likely to be a part of the segmenting step in market segmentation?

• A)looking for similarities rather than basic differences in needs
• B)naming a broad product-market of interest to the firm
• C)clustering people with similar needs into a "market segment"
• D)determining an appropriate number of segments
• E)aggregating individual customers into market segments

Understand the significance of pitch diameter in gear design.

Recognize the importance of gear tooth dimensions and how they are measured.

Explain the relationship between gears and the movement they produce.

Understand the calculations related to gear dimensions and design parameters.

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Definitions:

Periodic Inventory System

A periodic inventory system is a method of inventory valuation where a physical count of inventory is performed at specific intervals to determine the ending inventory balance and the cost of goods sold.

Accounts Payable

Liabilities or amounts owed by a company for goods or services that have been received but not yet paid for.

Periodic System

An inventory accounting system where goods are physically counted at the end of a specific period to determine the cost of goods sold and ending inventory.

Purchases Returns and Allowances

Refers to a reduction in the cost of purchases due to items being returned or allowances provided by the seller for damaged or unsatisfactory goods.