The Part of a Formal Report That Highlights the Important

question 54

Multiple Choice

The part of a formal report that highlights the important points for people who may not have time to read the entire report is the

• A) budget.
• B) executive summary.
• C) authorization.
• D) table of contents.

---

Definitions:

Demographic Segmentation

The process of dividing a market into segments based on variables such as age, gender, income, education, and family size for targeted marketing.

Psychographic Segmentation

The process of dividing markets into segments based on consumer lifestyle, personality traits, values, opinions, and interests.

Financial Planner

A professional who helps individuals and organizations create strategies for managing their finances, including investments, budgets, savings, and retirement planning.

Position A Product

The strategy of marketing a product in a way that distinguishes it from competitors, targeting specific market demographics or customer needs.