The Grouping of Customers into Categories Based on Key Characteristics

question 30

Multiple Choice

The grouping of customers into categories based on key characteristics is called:

• A) itemization
• B) Identification
• C) segmentation
• D) sales-force automation

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Definitions:

Stockholders

Individuals or entities that own shares in a corporation, thereby having an ownership interest in the company.

Revenue Accounts

Accounts that track the income generated from normal business operations, including sales revenue, service revenue, and interest revenue.

Credits

Accounting entries that increase liabilities or equity or decrease assets, representing the opposite of debits.

Owner Invests

occurs when the owner of a business contributes assets, commonly in the form of cash or equipment, into the business for its use.