When Target Sells Winter Coats,it Sends Them to Stores at Different

question 96

Multiple Choice

When Target sells winter coats,it sends them to stores at different times of the year.This is an example of _______.

• A)Demographic segmentation
• B)Climate segmentation
• C)Geographic biases
• D)Lack of winter in the South
• E)Climate change

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Definitions:

Premium

The amount paid for an insurance policy, reflecting the cost of coverage.

Insurable Interest

An interest either in a person’s life or well-being or in property that is sufficiently substantial to justify insuring against injury to or death of the person or damage to the property.

Enforceable

Describing a legal agreement or obligation that can be upheld and compelled by law through legal action.

Insurance Contract

A legally binding agreement between an insurer and the insured, where the insurer agrees to compensate the insured for specific losses in exchange for a premium.